3 - 324 Highway 7 E Richmond Hill, Ontario L4B 1A6
$139,000
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. (id:61015)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | N11901697 |
| Property Type | Business |
| Community Name | Doncrest |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/27755998/3-324-highway-7-e-richmond-hill-doncrest-doncrest
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December 28 2024 04:34:00
Toronto Regional Real Estate Board
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