139 - 4750 Yonge St, Toronto MLS Number: C11823658
Lansing-Westgate, Toronto, ON, M2N 0J6$119,000
Status: For Sale
- Property Type: Commercial (Sale Of Business)
- Property Taxes : $1000.00 (Tax Year:2023)
- Listing Courtesy : Real One Realty Inc.
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$119,000
Status: For Sale
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.
Property Type | :Commercial |
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MLS Number | :C11823658 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :02 Dec, 2024 (19 Days ago) |
Source | :TRREB |
Area | :Toronto |
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Community | : Lansing-Westgate |
Postal Code | : M2N 0J6 |
Price | : $119,000 |
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Property Taxes | :$1000.00 |
Tax Year | :2023 |
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Cross Street | :Yonge St & Sheppard Ave |
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Fireplace/Stove | :No |
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02 Dec, 2024
TREB #C11823658
Available
$119000.0
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