10 restaurants you can buy right now in Toronto
Restaurants for sale right now in Toronto span from tiny takeout joints to sprawling two-floor affairs, with many still operating while they look for a new owner (good news for those of you who don't want to see a neighbourhood joint go under). If you've ever dreamed of starting your own business (or if someone on your gift list really wants a 20-seat sandwich shop for Christmas), this is it.
Here are 10 restaurants you can buy right now in Toronto.
Weezie's
The Corktown lunch and dinner spot, while still kicking, has been put up for sale (for just $35,000). While they do boast that they've been "well reviewed in all medias" and are ideally positioned for the upcoming Pan Am Games and new office developments on King East, the recent Corktown construction has almost certainly been tough on the restaurant.
Rakia Bar
Technically, this one's a twofer; both the Annex and Leslieville locations of the Eastern European bar are up for sale. The latter spot ("ideal for all day breakfast") is up for $75,000, while the former, which features a large back patio, is available for $59,000.
Ginger
The Annex location of the popular Vietnamese chain, occupying some prime real estate on Bloor, is available for $99,000.
ZeZe
Sadly, it looks like after less than a year in business, ZeZe has already run into some speed bumps. The Parkdale lunch and brunch spot is up for sale for $49,000, with the sellers noting it would be ideal for a family business or new operator.
Mangiacake
This OCAD-area Italian sandwich joint is available now for $100,000 (which seems steep, but includes a 1-2 bedroom apartment upstairs).
John's Italian Caffe
The entire building that houses this Baldwin Village spot is up for sale -- restaurant and all. The whole shebang ("ideal for owner-operator) will set you back a cool $1,199,000.
Coppi
Coppi, at Yonge and Lawrence, has been open for 22 years and recently underwent a renovation. Now, they're selling the Italian ristorante (which includes a 44-seat party space on the second floor) for $299,000.
Pho Huong
Located on "the best block of College St." (in the real estate agent's humble opinion) is the former Pho Huong, which sits between Grace and Clinton streets. The "recently renovated" 72-seat restaurant can be yours for $99,000.
Le Ti Colibri
The tiny French/Caribbean crossover spot in Kensington Market is now available for $55,000. The space seats just 10, but the back patio eases some of the congestion in the summer.
La Croisee
This now-empty space at Bayview and Eglinton was once home to a candlelit, cozy French restaurant. For $79,000, it can be whatever you want it to be; there's plenty of space, including 53 seats on the bottom floor, 74 seats up top, and 10 more on the patio.
Know of any other restaurants for sale? Let us know in the comments.
