383 Eglinton Avenue
Toronto C10, ON
- 980 sqft
- Sale Of Business
- 68 days on market
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.)
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Listing Details
- Taxes (2026)
- $21,000
- Listed
- July 6, 2026
Price History
Property
- Lot Size
- 23.66 x 82 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Eglinton/Bayview
- Zoning
- R(d2*943)
- Possession
- Other
- Occupancy
- Tenant
Commercial
- Business Type
- Bar/Tavern/Pub
Community
Postal area M4P
- Population
- 25,057
- Private dwellings
- 16,696
- Median age
- 36.8
- Average household size
- 1.8
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C10 · last 12 months
- Median sold price
- $712,500
- Homes sold
- 648
- Median days on market
- 21
- Sale-to-list price
- 98.8%
Based on 648 recorded sales of commercial properties in Toronto C10 over the last 12 months.
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Commercial figures
- Building area
- 980 sq ft
- Price per sq ft
- $234.69
- Annual property tax
- $21,000
- Tax per sq ft
- $21.43
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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