The Jennifer Jones Team, LPT Realty, Brokerage
Back to search

Toronto (Waterfront Communities), ON

K23 - 505 RICHMOND STREET W

$149,999

Listed by
EXIT REALTY LEGACY
SHIMON NESS, Salesperson

Powered byREALTOR.ca

Data last updated Oct 20, 2026, 9:40 p.m. ET. By using this site you agree to our Terms of Use.

business at K23 - 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON
K23 - 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON, photo 2K23 - 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON, photo 3

Property facts

Price
$149,999
Type
business
Bedrooms
0
Bathrooms
0
MLS®
C13593486
Status
active
Brokerage
EXIT REALTY LEGACY

About this home

Description provided by the listing brokerage

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

Search the full MLS®
What’s my home worth?