505 Richmond ST W #K23, Toronto C01, ON M5V 0P4
505 Richmond ST W #K23, Toronto C01, ON M5V 0P4
505 Richmond ST W #K23, Toronto C01, ON M5V 0P4
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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Municipality Toronto C01

Subdivision Waterfront Communities C1

MLS Listing ID C13593486

Tax Year 2026

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Zoning CRE

Interior

Cooling Yes

Exterior

Community Features Public Transit

Lot Frontage 14.7

Lot Depth 12.3

Others

Security Features Yes

ParcelsYN No


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Listed by EXIT REALTY LEGACY

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor | License ID: 9603994

Realtor License ID: 9603994

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