4465 Major Mackenzie Drive, Markham (Berczy) - Business for Sale
4465 Major Mackenzie Drive, Markham (Berczy), Ontario, L6C0M4
This business in Markham is for sale. It has been on the market 25 days, fresher than the Markham average of 53 days.
Description
BUSINESS FOR SALE (WITHOUT FRANCHISE BRAND NAME), PRIMEMarkham RESIDENT LOCATION. Close to Golf Course. Successfully operating for over 5 years, this profitable restaurant enjoys a loyal customer base, and strong neighborhood presence in a high-traffic residential area. Excellent opportunity for an owner-operator or investor! Established Sport Bar and/or restaurant avilable for sale in the heart of Markham residents area. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, spacial events, sports nights, entertainment, and extended food promotions. This is an ideal opportunity for someone looking to take over an existing restaurant setup and continue the current concept or convert the space to another cuisine, fast food, or food concept. Existing 2400 sqft with lovely patio outdoor area, motivated seller! $11,000 rent w/HST (Including TMI) per month. (id:66096)
Property Details
- MLS®
- N13884852
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial catering
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 25 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 25 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Markham (Berczy) has been listed for 25 days, which is 28 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6C)
This home lists at $350,000, about 3.0× the local median household income of $118,000.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $118,000
- Population
- 51,738
- Median age
- 41.2
- Owner / renter
- 86% / 14%
- Avg. household size
- 3.3
Source: Statistics Canada, 2021 Census (FSA L6C)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$350,000
Markham