548 YONGE STREET, Toronto (Bay Street Corridor)
· 2 BATHS
$189,999
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.
General Info
| MLS Listing ID: C13655062 | Bedrooms: 0 | Bathrooms: 2 | Year Built: 0 |
| Listing Type: Business | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: N/A | Roof: N/A | Title To Land: N/A | Parking Space Total: 0 |
| Parking: N/A | Heating: Forced air | Size: N/A | Air Conditioning : Fully air conditioned |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |










