9580 Yonge ST #111 new

Richmond Hill,ON L4C 1V6

$ 699000

- Bed

- Bath

2850 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $245

Subdivision North Richvale

MLS Listing ID N12259488

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 2,900 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 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 are included

Exterior

Parking Features Plaza

Building

Lot Description Lot

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