$139,000 FOR SALE

Business for Sale

Restaurant/Pub

324 Highway 7 E #3
Richmond Hill (Doncrest), ON L4B 1A6

This well-established Japanese Fusion restaurant is located in a high-traffic commercial plaza on Highway 7, surrounded by a dynamic mix of residential and commercial properties that guarantee a steady stream of potential customers. Recently renovated with over $40,000 invested in modern upgrades, the restaurant boasts a stylish and inviting atmosphere perfect for dining.Menu Enhancement Opportunity: Transition from a Pasta-Sushi Fusion to a dedicated Sushi Specialty restaurant, offering a more focused and refined culinary experience.Limited Local Competition: Capitalize on the opportunity to stand out by offering a unique and differentiated dining experience in the area.LLBO Approval (Currently in Process): Anticipated revenue growth with the upcoming approval. **** EXTRAS **** Current lease till 9th March, 2027 with 5 yrs option to renew. Higher margin. Monthly rent $6700 (tmi and water inclusive). All figures as per seller. (id:47423)

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Listed By HOME STANDARDS BRICKSTONE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N11901697
Last Updated Dec 27, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant/Pub
Franchise Non-Franchise
Community Doncrest
Price History
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Detailed Information
Bathrooms 2
Listing Contract Date 2024-12-27
Location Description Hwy 7 and Bayview
Property Type Business
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Restaurant
Business Subtype Restaurant/pub
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water

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