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$ 240,000
Est. payment /mo
Price Dropped by $39K
582 Yonge ST Toronto C01, ON M4Y 1Z3
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Bay Street Corridor
MLS Listing ID C13508840
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Highly recognized and well-established Korean rice dog franchise in the heart of downtown Toronto. Ideally situated in a high-traffic location with exceptional exposure, this turnkey business benefits from strong pedestrian traffic year-round, attracting locals, office workers, students, and tourists alike.Currently operating as a successful takeout restaurant with a 20-seat dine-in area, this business is easy to manage with minimal owner involvement. Monthly gross sales are approximately $70,000 (as per the seller), with food costs averaging 28-30%, offering an efficient and profitable operating model.The lease includes no demolition clause, providing added security and long-term peace of mind for the purchaser. An excellent opportunity to acquire a proven franchise in one of Toronto's busiest and most desirable commercial districts.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Parking Features Street
Building
Lot Description Building
Lited by ROYAL LEPAGE REAL ESTATE ASSOCIATES