$149,999505 Richmond Street W K23, Toronto, ON M5V 0P4
For SaleReduced $100,001
505 Richmond Street W K23, Toronto, ON M5V 0P4
Waterfront Communities C1, Toronto C01
Sale Of BusinessListed 4 months ago
Key facts
PossessionImmediate
Listing details
Exceptional Turn-Key Business Opportunity - Own a The Alley Franchise in the Heart of Downtown Toronto! Take advantage of this rare opportunity to own a The Alley bubble tea franchise in one of Toronto's most vibrant, high-traffic destinations. Located inside the popular Waterworks Food Hall, this recently established business is fully built out, professionally designed, and ready for a seamless transition to new ownership. This modern, turn-key operation comes fully equipped, fully staffed, and fully operational, allowing you to start generating revenue from day one. The business has already built an excellent reputation with outstanding online reviews, creating a strong foundation for continued growth. Waterworks Food Hall is home to nearly 25 food and beverage vendors, making it one of Toronto's premier culinary destinations. The location attracts a steady stream of customers from the surrounding residential towers, office buildings, hotels, and tourist attractions, while regular community events, live entertainment, private functions, and corporate gatherings provide consistent opportunities to increase sales. An added advantage is the dedicated event hall within Waterworks, where vendors have opportunities to provide catering for private and corporate events, creating an additional revenue stream beyond daily walk-in traffic. As part of the internationally recognized The Alley brand, you'll benefit from proven operating systems, ongoing franchisor support, and strong brand recognition. This is an outstanding opportunity for an owner-operator, entrepreneur, or investor looking to acquire a stylish, fully operational business with tremendous growth potential in one of downtown Toronto's most sought-after food destinations.
Key facts
Property typeCommercial
Home typeBusiness for sale
PossessionImmediate
Building & systems
HeatingOther
CoolingYes
Parking & outdoor
GarageUnderground
Lot width (ft)14.7
Lot depth (ft)12.3
WaterfrontNo
Condo & fees
SecurityYes
Financial & legal
Tax year2026
ZoningCRE
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Maziar MoiniBroker of RecordHome Leader Realty Inc., Brokerage647-370-7654
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