582 Yonge Street
Bay Street Corridor / Toronto C01, ON M4Y 1Z3
About This Property
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.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® C13508840
Listed by Royal LePage Real Estate Associates
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,460
/month · $239,200 mortgage
Amortization
Total Interest
$198,817
Total Cost
$438,017
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Royal LePage Real Estate Associates