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$ 550,000
Est. payment | /mo
1 Bath
$ 550,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision North Richvale
MLS Listing ID N12463103
Annual Tax Amount $122,921
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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.
Location
Province ON
County York
Community North Richvale
Area York
Zoning Commercial-retail
Interior
Cooling Yes
Inclusions All chattels and fixtures
Exterior
Parking Features Plaza
Building
Lot Description Lot
Lited by EXP REALTY