5071 Highway 7 East Highway, Markham (Village Green-South Unionville) - Business for Sale
5071 Highway 7 East Highway, Markham (Village Green-South Unionville), Ontario, L3R1N3
This business in Markham is for sale. It has been on the market 15 days, fresher than the Markham average of 101 days.
Description
Exceptional opportunity to acquire a well-established Church's Chicken restaurant at 5071 Highway 7 East in Markham, directly across from CF Markville Mall. This turnkey quick-service restaurant benefits from outstanding street exposure, heavy daily traffic, and a prime Highway 7 location surrounded by retail, residential, office, and transit demand. The business offers excellent sales, a proven operating history, strong national brand recognition, and a reliable, experienced employee roster. Ideal for an owner-operator or investor seeking an established North American franchise business with immediate operations. All figures, financials, lease details, and transaction structure to be verified by the Buyer. Business being sold by way of a share sale; further details available upon execution of a confidentiality agreement. (id:66096)
Property Details
- MLS®
- N14095772
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 15 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 15 days on market, against an average age of 101 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 (Village Green-South Unionville) has been listed for 15 days, which is 86 days fresher than the city average of 101. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3R)
This home lists at $1,099,900, about 11.8× the local median household income of $93,000.
Carrying it typically needs a household income of about $214,849 (20% down, 25-yr amortization, stress-tested) — roughly 131% above the area median.
- Median household income
- $93,000
- Population
- 62,060
- Median age
- 46.4
- Owner / renter
- 83% / 17%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L3R)
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 →
$1,099,900
Markham