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383 Eglinton Avenue E, Toronto, ON M4P 1M5

Toronto C10, ON, M4P 1M5 · Mount Pleasant East

Sq Ft
Sale Of Business Type
C13527936 MLS#

About this property

Exceptional opportunity to own a well-established Gabby's Franchise Pub & Restaurant in one of Toronto's busiest locations at Eglinton Avenue East & Mount Pleasant Road. Successfully operating for over 35 years, this profitable licensed restaurant enjoys a loyal customer base, strong neighborhood presence, and excellent visibility in a high-traffic commercial area. Weekly sales are approximately $15,000 (as per Seller), with over 70% of revenue generated from liquor sales, producing an impressive 75%+ gross profit margin on liquor. Very affordable occupancy costs with rent and TMI totaling only $4,484 per month. The business also includes a large one-bedroom apartment upstairs, currently rented for $2,000 per month, providing valuable additional income and helping offset operating expenses. Long-term lease in place until October 2030, plus one additional 5-year renewal option, offering long-term security. Fully LLBO licensed with 41 indoor seats and a 35-seat licensed outdoor patio, making it ideal for year-round dining and seasonal patio service. Operating hours are Monday to Friday from 3:00 PM to 2:00 AM and Saturday & Sunday from 12:00 Noon to 2:00 AM. Low flat franchise royalty and advertising fees. Online ordering is available through Uber Eats, DoorDash, and Gabby's online ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable Toronto restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong comm Rare. (We are not willing to de-brand, and any buyer is subject to approval to ensure they're a good fit. We won't hold anything up, but we do need to be confident the new buyer aligns with the operation.)

Features & Amenities

  • Garage: Other
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage Other
Heat Type Gas Forced Air Closed
Cooling Yes
Annual Tax $21,000
Tax Year 2026

Building & Construction

Building Area Total
980

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
Other

Lot & Land

Lot Size Units
Feet
Lot Depth
82.00
Lot Width
23.66

Financial & Tax

Tax Annual Amount
$21,000
Tax Year
2026
Possession Type
Other
Possession Details
TBA

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Eglinton/Bayview
Directions
Eglinton/Bayview
Showing Requirements
Showing System

Location

383 Eglinton Avenue E, Toronto, ON M4P 1M5, Toronto C10, ON, M4P 1M5

Listing courtesy of REMAX YOUR COMMUNITY REALTY
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