Well-Established Downtown Restaurant - Strong Revenue & Attractive Lease Rare Opportunity To Acquire A Long-Standing, Well-Known Neighbourhood Restaurant In The Heart Of Downtown. Operating Successfully For Over 30 Years, This Location Has Built A Strong Reputation For Brunch, Late Night Dining, And A Vibrant Evening Atmosphere. The Business Generates Over $2 Million In Annual Revenue And Benefits From A Long-Term, Attractive Lease, Providing Stability For An Incoming Owner. The Restaurant Features A Full Commercial Kitchen, Efficient Layout, And A Loyal Customer Base With Consistent Foot Traffic. Known For Its Global Comfort Food Menu, Extensive Martini Program, And Nightly Djs, The Restaurant Continues To Perform As A Destination Spot Within The Neighbourhood. Includes The Established Business Name, Or The Buyer May Elect To Rebrand, Subject To Landlord Approval. Washroom's Are Located In The Basement. Well Suited For Experienced Owner-Operators Or Hospitality Groups Seeking A Proven Downtown Location With Strong Sales, Long-Tern Lease Security, And Flexibility For Future Concept Positioning.
| MLS # | C12739116 |
|---|---|
| Listing Type | For Sale |
| Building Name | Insomnia Restaurant and Lounge |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 204 |
| Listing Provided By | RE/MAX PREMIER INC. | C12739116 043900 |
| SQ Feet | 2,300 |
|---|---|
| Acreage | 0.05 |
| Cooling | Yes |
|---|
| Security Features | Yes |
|---|
| Utilities | Available |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 2100 |
|---|---|
| Tax Type | TMI |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5S 1Y6 |
| Area | University |
| Listing VS Median (in M5S 1Y6) | |
Price: $375,000 low | high Med: $375,000 sqft: 2,300 low | high Med: 2,300 $ / sqft: $163 low | high Med: $163 On site: 204 low | high Med: 204 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5S 1Y6 |
| Area | University |
| Listing VS Median (in M5S 1Y6) | |
Price: $375,000 low | high Med: $375,000 sqft: 2,300 low | high Med: 2,300 $ / sqft: $163 low | high Med: $163 On site: 204 low | high Med: 204 | |