| Excellent Opportunity to own a Turnkey Restaurant on Yonge Street! 10123 Yonge Street with prime Yonge Street exposure and High visibility. This Business generates a strong monthly income of approximately $12,000-$15,000, offering great potential for owner-operators or investors. Fully equipped Kitchen with over $190,000 worth of equipment included in the purchase price, allowing for a seamless transition and immediate operation. Surrounded by residential and commercial traffic, Ensuring consistent customer flow. Don't miss this rare opportunity to own a profitable restaurant in a high-demand location! Favorable lease terms: Total 5-year lease with 3 years remain plus a renewal option for an additional plus a renewal option for an additional 5 years. Affordable rent of $4,700/month including TMI, which is a strong asset for long-term stability and negotiable. Liquor license in place and accessible (disability) washroom, adding significant value and convenience for customers. 32 Seats. Approximately 550 sqft of storage in the basement. |
| Price | $289,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Monthly Condo Fee: | $0 |
| Occupancy: | Tenant |
| Address: | 10123 Yonge Street , Richmond Hill, L4C 1T5, York |
| Postal Code: | L4C 1T5 |
| Province/State: | York |
| Legal Description: | PLAN 511 PT LOT C |
| Directions/Cross Streets: | Yonge/Major Mackenzie |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1200.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 808 |
| Office/Appartment Area Code: | Sq Metres |
| Office/Appartment Area Code: | Sq Metres |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 16-30 |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 11:00 a |
| Employees #: | 3 |
| Seats: | 32 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No, |
| Washrooms: | 2 |
| Clear Height Feet: | 8 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | None |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 HERITAGE GROUP LTD. |
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| Book Showing | Email a Friend |
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Crosby |
| Approximate Age: | 16-30 |
| Baths: | 2 |
| Fireplace: | N |