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    For Sale - 548 Yonge Street, Toronto, Ontario

    Est payment $912/mo
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    Views   1
    Time on Jump  14 day

    AI Summary *

    • Turnkey licensed restaurant on a busy retail corridor, steps from transit.
    • Approximately 2,310 square feet across ground floor, mezzanine, and basement.
    • Equipped commercial kitchen; included fixtures and equipment are owned outright.
    • Established franchise with transfer consent already obtained.
    • New five-year lease begins in 2027, with lower base rent.




    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.
    Listing IDC13655062
    Address548 Yonge Street
    CityToronto, Ontario
    Price$189,999
    Bath2 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: RE/MAX EXCEL REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    548 Yonge Street
    Toronto , Ontario
    2 $189,999
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