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MLS® N12915408
Richmond Hill, ON
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.
Inclusions
Walking cooler, hood, oven, pizza machine, ice cream machine, coffee maker, TV, signs, cashier machine, catering tools, tables, seats.
Broker
CENTURY 21 HERITAGE GROUP LTD.
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Sale Of Business
10123 Yonge Street Richmond Hill
Richmond Hill
Built
16-30
Type
Sale Of Business
Parking
None
Property Tax
~$0/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
1200 sqft
Parking
None
Finances
List Price
$289,000
Price per SQFT
$241/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
1200 sqft
Age of Building
16-30
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Richmond Hill
Listed On
Mar 24, 2026
Days on Market
Current: 229 days
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