548 Yonge Street, Toronto, ON M4Y 1Y8
Toronto, ON M4Y 1Y8
About this property
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.
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- C13655062
- Source status
- Price Change
- Bedrooms
- Not provided
- Bathrooms
- 2
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M4Y 1Y8
- Garage
- None
- Lot depth (source units)
- 0
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $189,999
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: RE/MAX EXCEL REALTY LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C13655062. Information deemed reliable but not guaranteed.