#7 12960 Yonge Street, Richmond Hill (Oak Ridges) - Business for Sale
#7 12960 Yonge Street, Richmond Hill (Oak Ridges), Ontario, L4E3K2
This business in Richmond Hill is for sale offering roughly 1,300 sq ft of space.
Description
A RARE TURNKEY RESTAURANT OPPORTUNITY IN THE HEART OF RICHMOND HILL! THIS FULLY OPERATIONAL AUTHENTIC AFGHAN RESTAURANT OFFERS AN EXCEPTIONAL OPPORTUNITY FOR AN ENTREPRENEUR TO STEP INTO AN ESTABLISHED FOOD BUSINESS WITH EVERYTHING ALREADY IN PLACE. THE RESTAURANT FEATURES A FULLY EQUIPPED COMMERCIAL KITCHEN WITH A KABOB GRILL, OVENS, COMMERCIAL REFRIGERATION, FREEZERS, PREP STATIONS, EXHAUST AND FIRE SUPPRESSION SYSTEM, AND ALL THE ESSENTIALS REQUIRED FOR DINE-IN, TAKEOUT AND CATERING. THE BUSINESS IS SET UP AND READY TO GO WITH ESTABLISHED SYSTEMS FOR DAILY SERVICE, A STRONG TAKEOUT OPERATION AND A PROVEN CATERING ARM SERVING EVENTS AND THE SURROUNDING COMMUNITY. LOCATED IN A HIGH-VISIBILITY, HIGH-TRAFFIC PLAZA WITH AMPLE PARKING, STRONG FOOT TRAFFIC AND A LOYAL, ESTABLISHED CUSTOMER BASE. RECIPES, SUPPLIER RELATIONSHIPS AND TRAINING WILL BE PROVIDED TO ENSURE A SMOOTH TRANSITION. WHETHER YOU ARE A FIRST-TIME BUSINESS OWNER OR AN EXPERIENCED OPERATOR LOOKING TO EXPAND, THIS TURNKEY OPPORTUNITY OFFERS THE LOCATION, EQUIPMENT AND ESTABLISHED OPERATIONS TO HIT THE GROUND RUNNING FROM DAY ONE. FULLY EQUIPPED, FULLY OPERATIONAL AND READY FOR A NEW OWNER! (id:66096)
Property Details
- MLS®
- N13610448
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Gc1
- Interior Size
- 1,300 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Listed
- 101 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 101 days on market, against an average age of 58 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 35 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 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Richmond Hill (Oak Ridges) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4E)
This home lists at $67,000, about 0.5× the local median household income of $127,000.
Carrying it typically needs a household income of about $13,087 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $127,000
- Population
- 54,606
- Median age
- 40.4
- Owner / renter
- 87% / 13%
- Avg. household size
- 3.3
Source: Statistics Canada, 2021 Census (FSA L4E)
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 →
$67,000
Richmond Hill