$350,000
For sale: Other

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.
Sold data
Homes in Markham (Berczy) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 43, across 821 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $1,038,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 821 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Berczy) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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