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$98,000
Available - For Sale
Listing ID: C11823658
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 with a 7-foot hood fan, 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 surrounding area is diverse and multicultural, offering a dynamic market. The premises are independently owned, providing flexibility for the new owner to potentially adapt the cuisine to suit the evolving market demands. 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 $98,000
Taxes: $1,000
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: 17.5 x 40 (Feet)
Directions/Cross Streets: Yonge St & Sheppard Ave
Zoning: RD, UNASSIGNED,
Category: Without Property
Use: Food Court Outlet
Building Percentage: N
Total Area: 700
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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REAL ONE REALTY INC.

4750 Yonge St , Unit 139, Toronto, M2N 0J6, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Lansing-Westgate
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Lot Size: 17.50 x 40.00(Feet)
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Tax: $1,000
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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