4750 Yonge St
Toronto, Ontario, M2N 0J6
$ 98,000
4750 Yonge St
$ 98,000
Toronto, Ontario, M2N 0J6
Overview
Updated On:
February 21, 2025 10:32 AM
0 Bedrooms
0 Bathrooms
$ 98,000 Price
Listing Description
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 with a 7-foot hood fan, 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 surrounding area is diverse and multicultural, offering a dynamic market. The premises are independently owned, providing flexibility for the new owner to potentially adapt the cuisine to suit the evolving market demands. 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. **EXTRAS** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Address
Address: 4750 Yonge St
City: Toronto
State: Ontario
Zip: M2N 0J6
Area: Toronto
Community: Lansing-Westgate
Directions: Yonge St & Sheppard Ave
Details
Property Id: C11823658
Property Type: Commercial
Building Type: Sale Of Business
Price: $ 98,000
Bedrooms: 0
Bathrooms: 0
Rooms: 0
On Site: February 22, 2025
Additional Information
Tax: $ 1,000
Tax Year: 2023
Retirement: No
Basement: No
Zoning: RD, UNASSIGNED, CR
Features
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