$165,000
Available - For Sale
Listing ID: N11901697
324 Highway 7 East , Unit 3, Richmond Hill, L4B 1A6, Ontario
| 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. |
| Price | $165,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 324 Highway 7 East , Unit 3, Richmond Hill, L4B 1A6, Ontario |
| Apt/Unit: | 3 |
| Postal Code: | L4B 1A6 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Hwy 7 and Bayview |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 1200.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 0 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 12-9 |
| Employees #: | 5 |
| Seats: | 30 |
| LLBO: | N |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| HOME STANDARDS BRICKSTONE REALTY |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Doncrest |
| Baths: | 2 |
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