Businesses for Sale in Richmond Hill, Ontario
As of November 2026, haho.ca lists 39 businesses for sale in Richmond Hill, Ontario, each sold as a going concern: the equipment, the stock, the trading name and, in most cases, the balance of a lease on premises the seller rents rather than owns. Listings come from live MLS® data and are refreshed daily. 3 came on the market in the last 7 days.
Newest businesses for sale in Richmond Hill, Ontario
Businesses for Sale by type in Richmond Hill, Ontario
What transfers when a business is sold
A business listed for sale is a going concern rather than a property. What changes hands is usually the equipment, the stock on hand, the trading name and customer goodwill, the staff who stay on, and the balance of the lease on the premises. The premises themselves are more often rented from a landlord than owned by the seller, so most of these sales are an asset purchase plus an assignment of that lease.
Where the seller does own the land and the building, the real estate is priced separately from the business and can be bought outright or leased back. Each listing states which of the two it is, so read that before you compare one asking price against another.
Three things decide whether a business can keep trading the day after it changes hands: the licence or registration the operator holds rather than the premises, the landlord's written consent to assign the lease, and a registry search showing which equipment is owned outright and which is still financed. Settle all three before you remove conditions.
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Frequently asked questions
- How many businesses are for sale in Richmond Hill, Ontario?
- As of November 2026, haho.ca lists 39 businesses for sale in Richmond Hill, Ontario, each sold as a going concern: the equipment, the stock, the trading name and, in most cases, the balance of a lease on premises the seller rents rather than owns. This page updates as listings come on and off the market.
- Does buying a business in Richmond Hill, Ontario mean buying the building?
- Usually not. Most of these listings sell the business and assign the lease on the premises, which the seller rents from a landlord. Where the seller does own the land and building, the listing says so and the real estate is priced separately from the business. Check each listing for which of the two it is before comparing asking prices.
- What should I ask for before I remove conditions?
- The remaining lease term and the landlord's written consent to an assignment, the licences or registrations the business trades under and whether they attach to the operator rather than the premises, a list of equipment showing what is owned outright and what is financed or leased, and a staff list with hire dates and wage rates. Each of those sits with a different party, so start early.
- Can I see every business for sale in Richmond Hill, Ontario?
- Yes. All 39 listings are linked across 2 pages, 24 per page, starting at page 1 of this index.
- How do I get told about new businesses in Richmond Hill, Ontario?
- Set a free alert on this page and Haho, our AI assistant, will email you when a new business is listed for sale in Richmond Hill, Ontario.
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This listing content is provided under license from the DDF® of The Canadian Real Estate Association (CREA) and is owned or licensed by REALTOR® members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA, the originating boards, or haho.ca. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Data is intended solely for personal, non-commercial use.