REQUEST A TOUR
$ 679,000
Est. payment | /mo
1 Bath
2,900 SqFt
$ 679,000
Est. payment | /mo
1 Bath
2,900 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $234
Subdivision North Richvale
MLS Listing ID N12344829
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 September 2026 with 5 years of renewal available.
Location
Province ON
County York
Community North Richvale
Area York
Interior
Cooling Yes
Exterior
Lot Frontage 202.12
Lot Depth 274.52
Listed by EXP REALTY
"Helping clients build weath through strategic real estate aquisitions"