383 Eglinton Avenue E
Mount Pleasant East
Toronto
M4P 1M5
$230,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C13527936
- Bus Major:
- Bar/Tavern/Pub
- Photos (41)
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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 chance to acquire a successful licensed pub and restaurant franchise in a premium Midtown Toronto location with low overhead, additional rental income, excellent liquor margins, and long-term lease security.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- Yes
- Total Area:
- 980 sq. ft. Square Feet
- Total Area:
- 980 sq. ft.91 m2
- Retail Area:
- 980 sq. ft. Sq Ft
- Lot Depth:
- 82'25 m
- Lot Frontage:
- 23'8"7.21 m
- Water supply:
- Municipal
- Zoning:
- R(d2*943)
- Heating type:
- Gas Forced Air Closed
- Garage:
- Other
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $21,000 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C10
- Mount Pleasant East
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Major Business Type:
- Bar/Tavern/Pub
- Category:
- Without Property
- Franchise:
- Yes
- Days Open:
- Open 7 Days
- Hours Open:
- Weekdays 3:00 pm to 2:00 am- Weekends 12:00 pm to 2:00 am
- Employees:
- 7
- Chattels:
- Yes
- LLBO:
- Yes
- Seats:
- 41
- Date Listed:
- Jul 06, 2026
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Listed by REMAX YOUR COMMUNITY REALTY
Data was last updated July 9, 2026 at 12:15 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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