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NEW

$230,000

383 Eglinton Ave E

Toronto C10, ON M4P 1M5

383 Eglinton Ave E, Toronto C10Listed at $230,000 Sale Of Business. MLS® C13527936.

Just listed — 3 days ago
980Sq Ft
Bar/Tavern/Pub
Sale Of Business
$21,000 (2026)

Description

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.)

Business Details

Property Sub-TypeSale Of Business
Business TypeBar/Tavern/Pub
Property UseWithout Property
Occupant TypeTenant
Hours of OperationWeekdays 3:00 pm to 2:00 am- Weekends 12:00 pm to 2:00 am
FranchiseYes
Chattels IncludedYes
Seating Capacity41
Full-Time Employees7
Financial StatementsAvailable
Showing RequirementsShowing System
Possession TypeOther
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area980 Sq Ft

Property Details

Property TypeSale Of Business
CommunityMount Pleasant East
Lot Dimensions23.656 × 82 ft
Dir/Cross StEglinton/Bayview
Garage TypeOther
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2026)$21,000
HSTIncluded In
Listed Date7/6/2026
Days on Market3 days
PossessionTBA

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Listing Courtesy of: REMAX YOUR COMMUNITY REALTY

MLS® #C13527936

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Mount Pleasant East community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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