4750 Yonge St
Toronto, M2N0J6
For Sale
$119,000
➧
➧
Without Property
CATEGORY700 Sq Ft
TOTAL AREAC11823658
MLSIDContact Us
Property Description
This well-established restaurant is located in the food court of a bustling Uptown Toronto shopping mall, at the intersection of Yonge Street and Sheppard Avenue. Spanning approximately 700 square feet, the eatery has been generating annual sales of around $450,000. The monthly rent is $7,700 (incl. TMI & HST). The current lease has 1.5 years remaining, with a 5-year renewal option. The restaurant operates six days a week from 12:00 PM to 8:45 PM, offering a manageable schedule. Equipped with a fully functional commercial kitchen, this business offers a stable income stream with minimal overhead costs. The current setup requires only two staff members to run daily operations, allowing the owner to maintain substantial profits. The versatility of the space means it can be easily adapted to serve a variety of cuisines. Due to other commitments, the owner is reluctantly selling this profitable venture. This presents a unique opportunity for a new owner to step into a turnkey operation in a high-traffic location.
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Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Property Details
Category
Without Property
Usage
Food Court Outlet
Zoning
RD, UNASSIGNED, CR
Total Area
700 Sq Ft
Lot Size
18' x 40'
Taxes
$1,000 (2023)
Air Conditioning
Yes
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Listing contracted with Real One Realty Inc.
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