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$165,000
Available - For Sale
Listing ID: N11901697
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
Tax Type: Annual
Occupancy by: 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
Zoning: Commercial
Category: Without Property
Use: Restaurant
Total Area: 1,200
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
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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HOME STANDARDS BRICKSTONE REALTY

324 Highway 7 East , Unit 3, Richmond Hill, L4B 1A6, Ontario


 
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Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Doncrest
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