548 YONGE STREET, Toronto, Ontario
$189,999
- 2 Baths
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. (id:23309)
- Listing ID: C13655062
- Property Type: Business
Schedule a Tour
Schedule Private Tour
Joanna Kwan would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Joanna Kwan, who specializes in Toronto real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Joanna Kwan find a property to match your lifestyle.
Listing provided by RE/MAX EXCEL REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 548 YONGE STREET in Toronto Ontario. It was last modified on October 23rd, 2026. Contact Joanna Kwan to schedule a viewing or to discover other Toronto real estate for sale.