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$299,000

582 Yonge St

Toronto C01, ON M4Y 1Z3

582 Yonge St, Toronto C01Listed at $299,000 Sale Of Business. MLS® C13508840.

Restaurant
Sale Of Business

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.

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation12
FranchiseYes
Chattels IncludedYes
Seating Capacity20
Full-Time Employees4
Financial StatementsAvailable
Showing RequirementsGo Direct, Showing System
Possession TypeFlexible
Listing Expires12/31/2026

Property Details

Property TypeSale Of Business
CommunityBay Street Corridor
Dir/Cross StYonge / Wellesley
Garage TypeStreet
Heating TypeGas Forced Air Open
A/CYes
HSTIncluded In
Listed Date7/1/2026
Days on Market8 days
PossessionFlexible

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Property Insights

Listing Courtesy of: Royal LePage Real Estate Associates

MLS® #C13508840

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Bay Street Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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