548 Yonge Street

Toronto, M4Y 1Y8
FOR SALE
$299,000
548 Yonge Street, Toronto
548 Yonge Street
548 Yonge Street
548 Yonge Street
548 Yonge Street
548 Yonge Street
548 Yonge Street
548 Yonge Street
548 Yonge Street
Sale Of Business
CATEGORY
740 Sq Ft
OFFICE/APT AREA
C13655062
MLSID
Contact Us
Property 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.
Property Details
Address
548 Yonge Street
Postal Code
M4Y 1Y8
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Commercial
Office Area
740 Sq Ft
Retail Area
1,570 Sq Ft
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
Listing contracted with Re/Max Excel Alliance Realty
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
324385590