1 Bathroom
2900 sqft
Fully Air Conditioned
Forced Air
$679,000
An incredible opportunity to own a thriving franchise restaurant located in one of the busiest, high-foot-traffic plazas on historic Yonge Street, surrounded by vibrant retail and constant passerby exposure. This completely turn-key business offers approximately 2,900 sq. ft. of beautifully renovated space with seating for 150 guests, including a welcoming patio. Recently updated to reflect the modern franchise theme, the restaurant boasts a newer sign, LLBO license, and a fully equipped commercial kitchen, along with over $30,000 invested in new freezers and HVAC systems for peace of mind and operational efficiency. The spacious interior features an open layout with high ceilings, a large bar, multiple seating zones, and private screen suites perfect for hosting events or private gatherings. Supported by a well-trained staff, this business benefits from strong and growing brand equity, a loyal repeat clientele, and consistent online engagement, making it a rare chance to step into a profitable, well-established operation in a premium location. Lease is valid until September 2026 with 5 years of renewal available. (id:41954)
Business
Business Type
|
Restaurant |
Business Sub Type
|
Restaurant/pub |
Property Details
MLS® Number
|
N12344829 |
Property Type
|
Business |
Community Name
|
North Richvale |
Building
Bathroom Total
|
1 |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
2900 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
274 Ft ,6 In |
Size Frontage
|
202 Ft ,1 In |
Size Irregular
|
202.12 X 274.52 Ft |
Size Total Text
|
202.12 X 274.52 Ft |
Zoning Description
|
Commercial-retail |
https://www.realtor.ca/real-estate/28733931/111-9580-yonge-street-richmond-hill-north-richvale-north-richvale