$420,000
Available - For Sale
Listing ID: N12634332
12270 Yonge Street , Richmond Hill, L4E 0W5, York
| This restaurant is located in a busy Richmond Hill strip plaza with ample free parking and strong daily traffic, surrounded by major anchors including Farm Boy, LCBO, leading banks, and other popular restaurants. Significant investment has been made in the build-out and renovations, positioning the business well for its next stage of growth. The approximately 2,500 sq. ft. unit features a fully equipped kitchen with a 16-ft hood and additional 8-ft hood and a walk-in cooler, and the flexible layout can accommodate a wide range of restaurant concepts. Well known in the surrounding neighbourhoods, the business benefits from steady walk-in traffic and loyal repeat customers. Approximately 7 years remain on the current lease, with the buyer to negotiate a new lease or extension directly with the landlord. Attractive financing is available, requiring much lower upfront cash through a transferable $275,000 CIBC business loan, subject to lender approval. |
| Price | $420,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Monthly Condo Fee: | $0 |
| Occupancy: | Owner |
| Address: | 12270 Yonge Street , Richmond Hill, L4E 0W5, York |
| Postal Code: | L4E 0W5 |
| Province/State: | York |
| Directions/Cross Streets: | Yonge/Stouffville |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Monday- |
| Employees #: | 3 |
| Seats: | 70 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
$
%
Years
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. |
| RE/MAX REALTRON REALTY INC. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Jefferson |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples