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Est. payment /mo
New
548 Yonge ST Toronto C01, ON M4Y 1Y8
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Bay Street Corridor
MLS Listing ID C13655062
Tax Year 2026
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Inclusions All chattels and equipment are included
Others
ParcelsYN No
Listed by RE/MAX EXCEL ALLIANCE REALTY