139-4750 Yonge Street For Sale

Toronto, Lansing-Westgate, M2N 0J6

$119,000

Description

Listed by REAL ONE REALTY INC..

This well-established restaurant is located in the food court of a bustling Uptown Toronto shopping mall, at the intersection of Yonge Street and Sheppard Avenue. Spanning approximately 700 square feet, the eatery has been generating annual sales of around $450,000. The monthly rent is $7,700 (incl. TMI & HST). The current lease has 1.5 years remaining, with a 5-year renewal option. The restaurant operates six days a week from 12:00 PM to 8:45 PM, offering a manageable schedule. Equipped with a fully functional commercial kitchen, this business offers a stable income stream with minimal overhead costs. The current setup requires only two staff members to run daily operations, allowing the owner to maintain substantial profits. The versatility of the space means it can be easily adapted to serve a variety of cuisines. Due to other commitments, the owner is reluctantly selling this profitable venture. This presents a unique opportunity for a new owner to step into a turnkey operation in a high-traffic location.

All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

Location

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  • Address: 139-4750 Yonge Street
  • Neighborhood: Lansing-Westgate
  • City: Toronto
  • State: Ontario
  • Postal Code: M2N 0J6

Property Details

  • Property ID: C11823658
  • Property Price: $119,000
  • Style: Sale Of Business, Without Property
  • Garage: Public
  • A/C: Y
  • Basement: N
  • Heating: Gas Forced Air Open
  • Taxes: $1,000.00 (2023)
  • Lot: 40.00x17.50 (Feet)

Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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