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$695,000

259 Morningside Ave

Toronto E10, ON M1E 3E6

259 Morningside Ave, Toronto E10 — Listed at $695,000 Sale Of Business. MLS® E13250112.

1,500Sq Ft
Restaurant
Sale Of Business
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Description

Rare opportunity to acquire three operating and profitable franchise locations. This turnkey franchise includes established operations with trained staff, existing systems, delivery infrastructure, and a nationally recognized dessert brand with a rapidly growing presence across Canada and internationally.Profitable with strong operating margins ranging from approximately 14.5% to 16.9%. It is one of Canada's most recognized dessert concepts, known for its hot and fresh Greek-style loukoumades served fresh to order. The brand benefits from exceptional consumer recognition, strong delivery platform performance, viral social media appeal, and a broad demographic reach. The simple and scalable operational model requires minimal kitchen complexity, making staffing and training significantly easier compared to traditional food concepts while helping maintain strong margins and operational efficiency. Approximately 60% of revenue is generated through walk-in traffic and 40% through delivery platforms including Uber Eats and DoorDash, creating a balanced and diversified revenue structure. The business also offers substantial upside potential through catering, events, school and sports partnerships, loyalty programs, delivery optimization, local marketing initiatives, and extended operating hours. This is an exceptional opportunity for an owner-operator, hospitality group, franchisee, or investor seeking immediate cash flow with future growth potential under an established and highly recognizable national franchise brand. Buyer will acquire operational goodwill, equipment, systems, branding assets, and franchise locations . Additional financial information and supporting documentation available to buyers under NDA.

Property Details

Property TypeSale Of Business
CommunityWest Hill
Dir/Cross StMorningside & Kingston Road
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
HSTIn Addition To
Listed Date6/5/2026
Days on Market160 days

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner+Tenant
Hours of Operation10-12am
FranchiseYes
Chattels IncludedYes
Seating Capacity10
Full-Time Employees10
Financial StatementsAvailable
Showing RequirementsList Brokerage
Possession TypeImmediate
Listing Expires9/4/2026

Commercial Space & Financials

Retail Area1,500 Sq Ft

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Listing Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY

MLS® #E13250112

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 West Hill 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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