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Aneta Andrews

Broker
Re/Max Realty Enterprises Inc., Brokerage, Brokerage Independently owned and operated. 125 Lakeshore Road East, Mississauga, Ontario L5G 1E5 Office: 905-278-3500Fax: 1-888-407-8605Cell: 416-576-5339

$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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REAL ONE REALTY INC.
Personal Picture
Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Lansing-Westgate
Style:
Lot Size: 17.50 x 40.00(Feet)
Approximate Age:
Tax: $1,000
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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