OMG Real Estate is the biggest commercial real estate agency for restaurateurs in Toronto. In this second of two features, we highlight five buzz-worthy locations OMG thinks are tremendous opportunities for the right operator. This weeks top five:
1. Lil Joe Cucina and Bar, 1054 Gerrard Street East
Boasting one of Leslieville’s finest patios, this 2,000-square-foot beauty is designed to serve any type of cuisine and priced absolutely affordably with six years remaining on the lease, and two five-year-options to renew. A local institution, please talk with us to get the inside information on a hot property priced distinctly to move. If you’re serious about bringing to life your restaurant concept, this Leslieville hotspot is the perfect setting to start living your dream today.
2. Coppi Ristorante, 3363 Yonge Street
Taking their name from cycle legend Fausto Coppi, this local legend has been serving carefully prepared authentic italian cuisine coming up on 30 years! The kitchen layout is a chef’s dream!! 3,700 square feet of tastefully designed space, licensed for 90 with great street presence. Loved in the community. Ready for the next entrepreneur to carry on their success for the next 30 years!!
3. 106 John Street, Toronto
For lease, and newly available — centre ice!! This 1,225 sq. ft unit boasts wide frontage in the heart of the entertainment district. Located in the middle of a food hub containing Charles Kabouth’s loved FIGO Restaurant, the Fox & Fiddle, La Carnita & Sweet Jesus, this QSR boasts an 8-foot hood and large patio and would suit any concept.
4. Southern Accent, 839 College Street
Since 1984, Southern Accent has been bringing “Cajun, Creole and Soul” to Toronto as the most authentic New Orleans dining experience in the city. Recently relocated to the trendy College and Ossington intersection, Southern Accent has spent three decades perfecting N’awlins favourites such as Gumbo, Jambalaya, Blackened Chicken, Pecan Pie and the best Bread Puddin’ in the city, making the restaurant the “go-to” for Louisiana-style cookin’ in Canada’s largest city. So after 36 years, owner Frances Wood and her operating partner, Thessavan Maniceavasakan, have decided that it is time to retire. Training will be provided to ensure a seamless transition for this well-respected brand.
5. Lawai’a Poke, 700 King Street West
Did someone say POKE!!! This is a spectacular business with proven sales, great brand recognition and an amazing product. With great walk by and vehicular traffic all day long, this location is surrounded by condos, offices and other great national establishments. This is perfect for a hands-on operator or someone looking to diversify their portfolio. Easy to operate with low overhead and great margins, the sky’s the limit for this money-making business with room to expand. Owners are willing to provide training and ensure smooth transition to this turn-key QSR. This is a no brainer!