372 Queen St W

LocationKensington-Chinatown, M5V 2A2
$699K For Sale
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images

Description

A popular A&W franchise is available at the extremely busy intersection of Queen and Spadina on Toronto's vibrant Queen West. This multi-level location offers excellent exposure on the sunny north side of Queen Street, directly next to the iconic Horseshoe Tavern. The area is known for its high foot traffic, trendy neighbourhood vibe, and steady customer base, making it an ideal location for both locals and visitors.The restaurant totals 2,400 sq ft across two levels, with seating for 24 indoors and an additional 12 on the patio. The space features a franchise kitchen and buildout designed for efficient operations, having been recently fully renovated to A&W Standards. With well-established sales and a strong presence in this prime location, the business offers a proven model for continued success.The lease is $15,929 gross rent including TMI, with 2 + 5 years remaining, providing long-term stability for the next owner. Franchisor royalties are 3.5% plus 3%, and the location benefits from its proximity to the new Subway station, enhancing accessibility for both staff and customers. This is a rare opportunity to acquire a thriving A&W franchise. Please do not go direct or speak to staff.

Features

  • Business Type
    Category: Fast Food/Takeout
  • Commercial Total Area
    Total Area: 1,200 sqft
  • Commercial Retail Area
    Retail Area: 1,200 sqft
  • Number of seats
    Seats: 36
  • Commercial Parking Spaces
    Total Parkings: 2
  • Commercial Parking Types
    Parking Types: Reserved/Assignd
  • Bathrooms
    Bathrooms: 4
  • Commercial Electrical Amps
    Electric Amps: 200
  • Commercial Voltage
    Electric Voltage: 600

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 24Hrs
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 16
  • MLS
    C12761090
  • Listing contracted with: ROYAL LEPAGE SIGNATURE REALTY

Transit Accessibility

Osgoode Subway Station (0.7km)
Union Go Train Station (1.3km)

Location