2009 promises to be a bumper year for resto closings. Most of the time, however, when a restaurant closes another opens in the same space.
It is much cheaper and quicker to open a resto that is already built out, equipped and licenced than to start with raw space. Rents might be more negotiable as well. Opportunity sometimes knocks at 10 cents on the dollar!
If you know of a restaurant that appears to have closed recently please post it here. You may save a Hound a wasted trip across town or give an entrepreneurial type a heads up on an opportunity.
The ones that come to my mind at the moment are:
Ichiban (Yonge & Eg)
Mirabelle (Yonge & Hillsdale)
Cappocaccia (Yonge & Balmoral) Drove by Thursday at 6:30 pm and lights were out ,
could be holidays.
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