Description

Generating over $380,000 in revenue in 2024, this business offers a strong and proven income stream. Prime business opportunity in the heart of Little Portugal, ideally positioned beside the Alto building and surrounded by high-traffic destinations such as Good Fork, providing excellent visibility and consistent foot traffic. Located just 3.5 km from BMO Field and the upcoming FIFA World Cup event zone, this established operation benefits from both neighbourhood demand and major event-driven upside. Income is anchored by a highly successful alcohol business with exclusive partnerships on Uber Eats and DoorDash, supported by a professionally built e-commerce platform (bar24.ca) fully integrated with Shopify. Additional income is generated through a licensed upper-level short-term rental unit with under 20% vacancy and strong seasonal demand, along with a growing event-booking division averaging approximately two bookings per month at approximately $1,000 per event. The property also features a fully equipped commercial kitchen with walk-in cooler, offering significant upside for dine-in service, ghost kitchen concepts, or expanded food offerings. The business is secured by a 5-year lease with approximately four years remaining, providing long-term stability in a prime Toronto location. All chattels and equipment are included, making this a true turnkey opportunity in one of the city's most vibrant neighbourhoods.

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