2f - 556 Yonge Street Toronto (Bay Street Corridor), Ontario M4Y 1Y8
$158,000
In the heart of downtown Toronto, right next to Yonge and Wellesley Streets, lies a thriving board game cafe perfectly positioned to attract today's young crowd. This centrally located business boasts a spacious 4,122 sq ft across two floors. Completely renovated and equipped by the current owner for approximately $420,000, the cafe is move-in ready for continued success. The open lower floor offers a welcoming atmosphere with 10 tables, 40 seats, and a massive library of over 200 board games, catering perfectly to both couples and larger groups. Head upstairs and you'll find 8 private rooms ideal for a more intimate gaming experience, each equipped with automatic Mahjong tables. But the fun doesn't stop there! A convenient mini mart ensures you have all the snacks and drinks you need for your game night, while the kitchen, complete with LCBO licensing, allows you to enjoy alcoholic beverages as well. The current lease offers attractive terms with a monthly rent of approximately $22,179 (including TMI) and a remaining term of 5.3 years with a 5-year renewal option. Open seven days a week, the cafe caters to both weekday and weekend crowds, operating from 5 pm to 1 am Monday through Thursday and extended hours from 2 pm to 1 am on Fridays through Sundays. With sales steadily increasing as the cafe gains more popularity, this is a prime opportunity to step into a turn-key business with all the amenities, equipment, and licenses already in place for guaranteed success. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:58770)
Business
| Name | 17 Tiles |
Property Details
| MLS® Number | C8476874 |
| Property Type | Business |
| Community Name | Bay Street Corridor |
| AmenitiesNearBy | Public Transit |
Building
| BathroomTotal | 2 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 4122 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 123 Ft |
| SizeFrontage | 23 Ft |
| SizeIrregular | 23.08 X 123 Ft |
| SizeTotalText | 23.08 X 123 Ft |
| ZoningDescription | Commercial Residential Zone (cr3) |
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Jenny Miao
Salesperson
1660 North Service Rd E #103
Oakville, Ontario L6H 7G3
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October 16 2024 02:17:07
Toronto Real Estate Board
Real One Realty Inc.