12270 Yonge St

LocationJefferson, L4E 0W5
$420K For Sale
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Description

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.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 0 sqft
  • Commercial Retail Area
    Retail Area: 2,500 sqft
  • Number of seats
    Seats: 70
  • Commercial Parking Types
    Parking Types: Plaza
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: Monday-Sunday
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 3
  • MLS
    N12634332
  • Listing contracted with: RE/MAX REALTRON REALTY INC.

Location