#139 - 4750 Yonge Street , Toronto C07, ON M2N 0J6
Toronto C07, ON M2N 0J6
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.
Details
| MLS# | C11823658 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 53 |
| Listing Provided By | REAL ONE REALTY INC. | Not Provided |
Features
| SQ Feet | 700 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Toronto |
| City | Toronto C07 |
| Zip Code | M2N 0J6 |
| Area | Lansing Westgate |
| Listing VS Median (in M2N 0J6) | |
Price: $98,000 low | high Med: $258,900 SqFt: 700 low | high Med: 525 $ / SqFt: $140 low | high Med: $670 On Site: 53 low | high Med: 94.500000 | |
