$119,000
Available - For Sale
Listing ID: C11823658
4750 Yonge St , Unit 139, Toronto, M2N 0J6, Ontario
| 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. |
| Extras: All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. |
| Price | $119,000 |
| Taxes: | $1000.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 4750 Yonge St , Unit 139, Toronto, M2N 0J6, Ontario |
| Apt/Unit: | 139 |
| Postal Code: | M2N 0J6 |
| Province/State: | Ontario |
| Lot Size: | 17.50 x 40.00 (Feet) |
| Directions/Cross Streets: | Yonge St & Sheppard Ave |
| Category: | Without Property |
| Use: | Food Court Outlet |
| Building Percentage: | N |
| Total Area: | 700.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 0 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Fun Chinese Restaurant |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 12PM-8P |
| Employees #: | 2 |
| Seats: | 0 |
| LLBO: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL ONE REALTY INC. |
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Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Lansing-Westgate |
| Lot Size: | 17.50 x 40.00(Feet) |
| Tax: | $1,000 |
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