restaurants for sale toronto

10 restaurants you can buy in Toronto right now

The restaurant scene in Toronto is always changing. Locations are constantly opening, closing, renovating and moving. If you've been looking to break into the restaurant business but you're waiting for the perfect spot to pop up on the market, you might just be in luck.

Here are some restaurant and bars you can buy in Toronto right now.

Live Organic Food Bar

One of Toronto's original vegan and raw food restaurants seats 33 inside and 48 on the back patio. It's selling for $135,000.

Kalendar

This popular Little Italy spot first opened its doors in 1994. Now, it's asking $288,000 to take over the location that includes over 4,000 sq. ft. of usable space, as well as a patio. 

New York Cafe

This 1,800 sq. ft. restaurant at Danforth and Broadview is known for their cheap breakfasts. They're asking $88,000 and includes a patio as well as a basement.

Sopra Upper Lounge 

This Yorkville event spot that's been open for 17 years is now on the market for $325,000 and can be purchased together with the restaurant below it.

Maiz

This Latin restaurant is moving to 490 Queen St. West so this spot is up for sale. The listing says it can easily be converted to any cuisine, and it's on the market for $75,000.

Fancy Franks

This hot dog spot in Cabbagetown has an entirely renovated kitchen and is going for $99,000.

Pizzeria Via Mercanti

The Elm St. location of this Italian restaurant chain is currently on the market for $199,000. The listing calls it an already-established business with high sales. 

Royal Nightclub

This relatively new nightclub is located right in the heart of bustling Lower Ossington and is asking $225,000 to take over the location.

The Libertine

This lower-level speakeasy is asking $321,000 for the Dundas West spot and the listing says you can "make as much noise as you want."

Local Kitchen and Wine Bar

Local Kitchen and Wine bar in Parkdale is moving so it only makes sense the space is for sale. They're asking $79,000 to take over the 29-seat spot.

Lead photo by

Jesse Milns at The Libertine


Latest Videos



Join the conversation Load comments

Latest in Eat & Drink

Toronto greasy spoon that's been around for 45 years has permanently closed

Toronto restaurant shames customer for skipping out on $100 food tab

Toronto nightclub permanently closing to make way for new subway station

Why the pawpaw is central to Indigenous culture and where to buy it in Toronto

Toronto is getting a Bavarian beer garden for Oktoberfest

Bars in Toronto are staying open for 4 a.m. extended last call this weekend

Toronto husband and wife team start up side hustle during lockdowns and keep selling out

7 new restaurants to try in Toronto this weekend