Price ChangeFor Sale

548 Yonge Street
Toronto C01, Toronto, ON, M4Y 1Y8

Sale Of Business
TRREB
MLS® Number: C13655062
$189,999List Price
Sale Of BusinessProperty Type
Bay Street CorridorCommunity
RestaurantBusiness Type
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PRICE CHANGED
$189,999
Previously Listed For:
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Property Location

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Listing History

Buy/sell history for 548 Yonge Street, Toronto, ON M4Y 1Y8

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Description

Rare opportunity to acquire a turnkey licensed Japanese restaurant on one of Toronto's busiest retail corridors, steps to Wellesley Station. Approximately 2,310 sf across ground floor, mezzanine and basement in a high-exposure storefront with established signage. Well-run operation with a loyal customer base and strong, growing sales - approaching seven figures annually. Fully built and equipped commercial kitchen with hood and ecologizer system. All chattels, fixtures and equipment owned outright and included; no rental or leased equipment to assume. LLBO in place. Established franchise with franchisor consent to a transfer already obtained. New five-year lease starting in 2027 already in place direct with the landlord, with base rent stepping down at the start of the new term - a meaningful reduction in occupancy cost for an incoming owner. Landlord open to considering a change of use to other retail concepts and a sublease of the mezzanine.

Features

No features available

Amenities

No amenities available

Summary

Listing #:C13655062
Property Type:Sale Of Business
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX EXCEL REALTY LTD.

Rooms

Details

Property

Property Type:Sale Of Business
Community:Bay Street Corridor
Municipality:Toronto

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Yonge / Wellesley

$189,999

List price

548 Yonge Street, Toronto C01 – Sale Of Business for sale · MLS® # C13655062