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505 Richmond St, Toronto, Ontario, M5V 0P4

$150K
Beds -Baths -Sqft -Parking -
505 Richmond St Photo 1

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.

Home Details

List Date

2026-07-22

Style

Without Property

Type

Sale Of Business

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

-

Bathrooms

-

Heating

Other

Cooling

-

Parking

- Spaces

Appliances & Equipment

Inclusions

None specified.

Exterior

Construction

-

Water & Sewer

Municipal

Lot Size

14.7 x 12.3 Feet

Garage

Underground

Taxes

- (2026)

Listing Brokerage

Brokerage Name

EXIT REALTY LEGACY

RealtHer Group

RealtHer Group

Real Estate Brokers

RE/MAX Metropolis

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