Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

10123 Yonge Street, Richmond Hill, ON L4C 1T5 (Yonge/Major Mackenzie)
$ 289000 - MLS : N12915408

From Our Gallery

Description

Excellent Opportunity to own a Turnkey Restaurant on Yonge Street! 10123 Yonge Street with prime Yonge Street exposure and High visibility. This Business generates a strong monthly income of approximately $12,000-$15,000, offering great potential for owner-operators or investors. Fully equipped Kitchen with over $190,000 worth of equipment included in the purchase price, allowing for a seamless transition and immediate operation. Surrounded by residential and commercial traffic, Ensuring consistent customer flow. Don't miss this rare opportunity to own a profitable restaurant in a high-demand location! Favorable lease terms: Total 5-year lease with 3 years remain plus a renewal option for an additional plus a renewal option for an additional 5 years. Affordable rent of $4,700/month including TMI, which is a strong asset for long-term stability and negotiable. Liquor license in place and accessible (disability) washroom, adding significant value and convenience for customers. 32 Seats. Approximately 550 sqft of storage in the basement.

Location Description

Yonge/Major Mackenzie

Property Detail

Community: Crosby
Property Type: Tenant/Commercial
Bath: 2
Garages: None
Annual Property Taxes : $ 0

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open
Sewer : None ,

Listing Contracted With: CENTURY 21 HERITAGE GROUP LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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