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Sanjiv Puri

Broker
Royal LePage Certified Realty, Brokerage Independently owned and operated. 5618 Tenth Line W Unit 8, Mississauga, Ontario L5M7L9 Cell: 647-295-5501Office: 905-858-0000

$289,000
Available - For Sale
Listing ID: N12915408
10123 Yonge Street , Richmond Hill, L4C 1T5, York


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
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 HERITAGE GROUP LTD.
Personal Picture
Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-858-0000
 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Crosby
Style:
Lot Size: x 14.19(Metres)
Approximate Age: 16-30
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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