627 Mount Pleasant Road, Toronto (Mount Pleasant East) - Business for Sale
627 Mount Pleasant Road, Toronto (Mount Pleasant East), Ontario, M4S2M9
This business in Toronto is for sale offering roughly 2,000 sq ft of space. It has been on the market 14 days, fresher than the Toronto average of 57 days.
Description
Take over the enchanting world of Thobors on the most coveted Mt Pleasant rd (business only), all assets included (leased retail+2 bdr apt). Thobors is a renowned and established French bakery, patisserie and chocolatier who has charmed Toronto's taste buds for the last 19 years. This location shines with a faithful clientele based on 90% of regulars, serving authentic handcrafted masterpieces made on-site daily. It enjoys a coveted 10/10 walk score in the deeply rooted, upscale Mt Pleasant Rd's loyal community of food lovers. From crispy croissants and authentic artisan breads to their exquisite cake creations, and a line of chocolates crafted by an in-house chocolatier, Thobors has earned a reputation for quality, tradition, consistency and irresistible flavors. Take over blending time-honoured techniques, business strategies including a self-managed faithful staff with a proactive supply-demand dynamic. The lease contract includes the upper level 2 bdr apartment, which can allow for multiple streams of income with extension opportunities for private events, a cafe area; just imagine! This rare turn-key business takeover boasts a one of a kind storage capacity for comparable businesses in the industry. Included: fully-equipped kitchen, improved retail area, all proprietary recipes, branding assets, a well-established client base turnover, and full training with operational transition/guidance offered upon request.This is by definition a seamless continuation of operations that is all yours to recreate! Perfectly positioned for continued growth in one of Toronto's most desirable neighborhood, hop on this exceptional chance to own a piece of the city's vibrant and rooted culinary scene with tons of growth opportunities allowing you to redefine, grow and scale the business as you wish! Please do not go directly or speak to staff. Please out of curtesy, do not solicit staff or sellers during business hours. Your discretion is deeply appreciated. (id:66096)
Property Details
- MLS®
- C14100708
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Retail
- Interior Size
- 2,000 ft²
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $19,929/yr
- Listed
- 14 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 14 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Mount Pleasant East) has been listed for 14 days, which is 43 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4S)
This home lists at $499,000, about 5.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
- Median household income
- $88,000
- Population
- 30,754
- Median age
- 38
- Owner / renter
- 39% / 61%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M4S)
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$499,000
Toronto