548 YONGE STREET

Toronto (Bay Street Corridor), , M4Y1Y8, Canada

$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.

Last updated on : Friday 23rd of October 2026 11:30:00 PM

ADDRESS

Street : 548 YONGE STREET

City : Toronto (Bay Street Corridor)

Country : Canada

Postal Code : M4Y1Y8

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PROPERTY SUMMARY

Property ID : C13655062

Building Type : Other

Property Type : Business

Bathrooms : 2

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