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9580 YONGE STREET, Canada, Richmond Hill (North Richvale)

$550,000.00
Property ID: 28991333

9580 YONGE STREET, Richmond Hill (North Richvale), Canada

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2,950 Sq Ft

Description:

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 2,950 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:63033)

Property Summary:

  • Property type: Business
  • Square Footage: 2950 sqft
  • Community Name: North Richvale
  • Annual Property Taxes: $122921
  • Washroom: 1

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

  • Address: 9580 YONGE STREET
  • Country: Canada
  • Province/State: Ontario
  • City/Town: Richmond Hill (North Richvale)
  • Neighborhood: Canada
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