• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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548 Yonge Street, Toronto...

Toronto, M4Y 1Y8
  • - Bedrooms
  • - Garage
  • 2 Bathroom
Start From
$ 189,999
For Sale

Descripation

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.

Essential Information

  • Price: $189999
  • For: Commercial
  • Property Types: Sale Of Business
  • Area: SQFT
  • Country: CA
  • City: Toronto C01
  • Garages:
  • Bedrooms:
  • Bathrooms: 2
  • Fronting On:
  • Listing ID: C13655062
  • Cross Street: Yonge / Wellesley
  • Annual Property Tax: $ 0
  • Lot Size:
  • Listing Brokerage: RE/MAX EXCEL REALTY LTD.

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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