9580 Yonge Street, Richmond Hill, ON Image 1

$699,000

Sale Of Business For Sale
MLS - #N12259488
17 hours ago- By EXP REALTY

9580 Yonge Street, Richmond Hill, ON L4C 1V6

Bed
Bath
2850 Sqft.
Plaza Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

2850 Sqft

About 9580 Yonge Street

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.

Home Overview

Last updated

17 hours ago

Virtual tour

None

Basement information

Building size

2850

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
69900000.0%
Higher than average

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Location

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Walk Score for 9580 Yonge Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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