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For sale: Other

Exceptional opportunity to acquire a high-end, fully turn-key lounge and restaurant in a prime plaza location withmain street exposure and ample parking. This beautifully designed establishment enjoys excellent visibility, easyaccess, and strong customer traffic, making it ideal for dining, lounge service, private events, and nightlifeoperations.Spanning approximately 3,000 sq. ft., the premises offer 100+ seating capacity in a sophisticated upscale setting with a premium buildout, modern décor, and substantial investment in leasehold improvements. The business is currently generating great sales and presents excellent growth potential for an experienced operator or hospitalitygroup.Features a huge commercial kitchen equipped with an 8-ft exhaust hood, fryers, pizza oven, prep stations, andnumerous additional chattels and equipment. A detailed equipment/chattels list will be provided to qualified buyers. Approximate rent is $19,000 per month all inclusive (including TMI and HST, if applicable), providing predictableoccupancy costs. Buyers may continue the existing successful concept or bring virtually any cuisine, subject to landlord approval and plaza exclusivity, if any. A rare opportunity to take over a fully operational, turn-key establishment with strong sales, excellent exposure, abundant parking, and a beautifully finished interior in a sought-after commercial corridor. Ideal forrestaurateurs, hospitality groups, franchise operators, or entrepreneurs looking for a ready-to-operate business with immediate revenue potential.
Sold data
Homes in Richmond Hill (Harding) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 598 recorded sales.
The median sale price was $1,139,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 598 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Harding) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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