16995 Yonge Street
Bagel World in Newmarket is 1 of 3 locations of this homegrown franchise with 2 other stores in North York and Thornhill. This store has been here for 10 years with the original owner and boasts impressive sales and great margins on top of salaries for ownership. Great mix of restaurant, bakery, and cafe. Annual sales of $1,000,000 and still growing only opened 6 days a week with short hours from 8am -2pm.
Classic takeout area with espresso machine, dessert displays, and bakery sales with a lovely dinning room for the seated patrons. Tons of signage for this corner location with space on the pylon and lots of parking.
This is a great location in an older plaza that allows for lower rent per square foot than most plazas in the area. Perfect for a bakery and café that requires lots of
kitchen space. But there’s more… This is also a busy and profitable restaurant with great hours that focus on breakfast, brunch, and lunch. The street frontage and signage call the eye as you can’t miss this one right on Yonge Street.
Property Details: The kitchen area is divided into two main sections. The main cooking area with a 1 + 1 inline fridge/freezer, the 12-foot commercial hood, and expo area for the servers to collect the food. The second area that has direct access to the café area houses the big wood burning bagel oven and station.
Great lease rate of $5,752 gross including tmi with 2 + 5 years remaining. Seating for 64. Full production kitchen with tons of prep area, 12-ft commercial hood, 3 walk-ins, plus the bagel making area.
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We put our clients first and make deals happen. More specifically, we get to know you, your needs, and all the other details – then, we get to work to bring you a five-star real estate experience.