548 Yonge St

LocationBay Street Corridor, M4Y 1Y8
$299K For Sale
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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

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 0 sqft
  • Commercial Office Area
    Office Area: 740 sqft
  • Commercial Retail Area
    Retail Area: 1,570 sqft
  • Number of seats
    Seats: 30
  • Commercial Parking Types
    Parking Types: None
  • Bathrooms
    Bathrooms: 2
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 11:30AM- 1AM
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 4
  • MLS
    C13655062
  • Listing contracted with: RE/MAX EXCEL ALLIANCE REALTY

Transit Accessibility

Wellesley Subway Station (0.1km)
Union Go Train Station (2.1km)

Location



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