10 restaurants in Toronto you can buy right now
Restaurants in Toronto are sold for a number of reasons. Restaurateur burnout and business feuds happen, yes, but changing ownership isn’t necessarily a bad thing. When existing owners turn a profit, it means bigger (maybe better) ventures, and that means more restaurants for us.
Here's a roundup of noteworthy restaurants for sale in Toronto right now.
Bacon lovers on the west side rejoiced when this restaurant’s famous bacon sandwiches finally made it to Ossington two years ago. While it’s still business as usual for Rasher’s original Leslieville location, its westerly counterpart is now up for grabs for $228,000.
Little Italy’s tastiest gourmet doughnut shop is hoping for a new owner to take over its lease. You can own this place and all its freshly made, deliciously jelly-filled contents for $199,000.
Providing weekenders a place to brunch, this restaurant on West Queen West gets jam-packed. Chicken and messy sandwiches are the main fare here; interested buyers can get their piece for $199,000.
This family-run Chinese takeout joint has been serving Scarborough residents for just three years, but their restaurant is now up for sale at $59,000. Morningside residents may soon be mourning the loss of Wok Stop's ridiculously cheap 12-piece Jar Do chicken wings.
Just months after opening early last year, this cafe slash goods store closed to little fanfare and abandoned its ground floor lot in one of Toronto's nicest condos. It's now up for sale at an unknown price.
Local draft and on-site brewing capabilities made this restaurant one of the best places on the Danforth East to grab a pint. Opened by childhood friends Richard Zimmerman and Jason Ashworth in 2014, this place is now closed and selling for an undisclosed amount.
This cozy bar on Roncesvalles hosts live jazz performances most days of the week and is home to a pretty good burger. It’s on sale now for $99,000 – a small sum compared to its more centrally located counterparts.
Serving its take on traditional Mediterranean fare to Little Italy diners, the gas wood oven in this restaurant has been burning for just a few years but is now on the market for $229,000.
This Liberty Village nightclub plays host to an array of parties and DJ events. Buy this venue for $275,000 and pop bottles in a private booth afterwards.
Sandwiched between a Starbucks and Fran’s at the corner of Yonge and College, this restaurant is now up for grabs for an undisclosed amount. Known for its bison burgers and fishbowl drinks, this spot has satiated date night and get together crowds for nearly 10 years.
Join the conversation Load comments