139 - 4750 Yonge Street Toronto, Ontario M2N 0J6
$119,000
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. (id:50886)
Business
| Name | Fun Chinese Restaurant |
Property Details
| MLS® Number | C11823658 |
| Property Type | Business |
| Community Name | Lansing-Westgate |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 700 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 40 Ft |
| SizeFrontage | 17 Ft ,6 In |
| SizeIrregular | Unit=17.5 X 40 Ft |
| SizeTotalText | Unit=17.5 X 40 Ft |
| ZoningDescription | Rd, Unassigned, Cr |
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Jenny Miao
Salesperson
1660 North Service Rd E #103
Oakville, Ontario L6H 7G3
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December 02 2024 11:30:29
Toronto Real Estate Board
Real One Realty Inc.