550 Highway 7 Way E

For Sale
$599,000
550 Highway 7 Way E, Richmond Hill
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
550 Highway 7 Way E
Without Property
CATEGORY
9,087 Sq Ft
TOTAL AREA
N10428297
MLSID
Contact Us
Property Description
BUSINESS FOR SALE - Well Known Richmond Court Chinese Restaurant In Times Sq Richmond Hill. OWNER RETIRES After Over 30 Years Being The Sole Owner/An Anchor Leading Role In The Restaurant Industry. 6 Combined Units Of 6,132 Sf On Main Floor + 2,955 Sf In Basement. Unit #: 6, 8, 27, 28, 29, 30. Newly Renovated With $$ Leasehold Improvement. Over 200 Guests Capacity . Full Scale Of Commercial/Industrial Kitchen 600 Volts/400Amp With BBQ Stove/Oven, Exhaust Fans, Walk In Deep Freezers., Main Floor Guest Washrooms., Loading Door Directly From Underground Garage ...Etc Etc !! FIRST TIME ON MARKET FOR SALE, DONT MISS THIS OPPORTUNITY !
Extras
LLBO, LED Display Screen, 40'Exh Fan, 5 W/I Freezers.Glass Display Cabinets, Indoor/Outdoor Exits & Entrances.***Ample Parking On Surface & Underground*** NEW LEASE WILL BE PROVIDED.*** $38/Sf Net On Main Floor & $22/Sf Net In Basement.***
Property Details
Category
Without Property
Usage
Restaurant
Zoning
Restaurant
Total Area
9,087 Sq Ft
Retail Area
6,732 Sq Ft
Taxes
$47,600 (2024)
Washrooms
5
Air Conditioning
Yes
Listing contracted with Re/Max Realtron Realty Inc.
Similar Listings
550 Highway 7  E, Richmond Hill
Without Property
$520,000
FOR SALE
Well Established Restaurant In Prime Location At Times Square Richmond Hill. Rare Opportunity To Operate Your Own Restaurant! This 6,593sqft Restaurant Features New Renovation, Fully Equipped Kitchen, And Private VIP Rooms. Corner Unit With Large Signage And Excellent Exposure. Ideal For Restaurant Use In High Traffic Area, Surrounded By Strong Mix Of Commercial And Residential Customers. Ample Parking Spaces Available For Daily Visitors!
160 East Beaver Creek Rd, Richmond Hill
Without Property
$480,000
FOR SALE
Very Profitable Wellness center in busy east beaver creak business park! 11 years business established with loyal clientele. Professional renovation. 7 treatment rooms. 4 equipped with shower! 2 extra shower rooms. 2 sauna rooms for wet or dry. Two washrooms. Ample parking. Easy access from 404/HWY7. Good exposure to the huge parking lot. High traffic and surrounding by high density neighborhoods. Pls do not go direct! Pls do not talk to the staff and customers!
8950 Yonge St, Richmond Hill
Without Property
$639,999
FOR SALE
First Established Pub (Over 35 Years) Located In The Heart Of Richmond Hill Just North Of Hwy 7 And Hwy 407 Across From The Movie Theatres. Lots Of New Condominiums Being Built Along This Corridor. 5070 Sq Ft Licensed For 132 Seats Plus Huge Patio For 60. Sales Approx. $1.2 Million, Base Rent $12675 Loyal Client. attractive big screen and update all smart TV, washroom recently renovated. Lots Of Parking - Makes Money!
1285 Elgin Mills Rd, Richmond Hill
Without Property
$499,000
FOR SALE
Established and busy restaurant famous for best quality halal pizza, wings, hamburgers, poutine, chicken sandwiches, fries, and milkshakes. Prime location in premium plaza with Starbucks facing busy Elgin Mills & across from Richmond Green park & Arena; minutes to Hwy 404. Surrounded by high density residential area. Steady sales and excellent income from school orders. Very high-traffic intersection. Don't miss this opportunity. Option to add LLBO.
12963 Yonge St, Richmond Hill
Without Property
$400,000
FOR SALE
5 Reasons Why This Business is Perfect for You! Looking to own a turnkey, flourishing, and profitable restaurant business? This is the opportunity you've been waiting for! Located in Richmond Hill's affluent Oak Ridges Lake Wilcox community, this restaurant sits on the highly visible and bustling Yonge Street. Here's why this is a golden opportunity: 1) PRIME LOCATION: Situated on Yonge Street, one of the busiest streets in the area, your restaurant will benefit from excellent visibility and foot traffic. The Oak Ridges Lake Wilcox community is affluent and growing, providing a solid customer base. 2) RECENTLY RENOVATED: The restaurant has been recently renovated with modern upgrades, meaning you can move in and start operating immediately; there is no need for additional investment in renovations or upgrades. 3) EXPANDING CUSTOMER BASE: Thanks to its excellent location and positive reviews, the restaurant has a steadily increasing customer base. With many new homes being built in the area, there's even more potential to grow. 4) THRIVING COMMUNITY: The areas population is growing fast, with more housing developments on the rise. This means endless opportunities for expansion and growth as more residents move in.5) TURNKEY OPPORTUNITY: As a well-established and profitable business, youre walking into a well-oiled machine. All the groundwork has been done. Now it's your turn to take it to the next level. Don't miss out on this excellent opportunity to own a profitable business in a growing community! With unlimited potential, the sky is the limit. Contact us today to learn more and take the first step toward owning this thriving restaurant!
883 Sixteenth Ave, Richmond Hill
Without Property
$399,000
FOR SALE
Thriving Screen Golf and Lotto Business in Richmond Hill Turnkey Opportunity! A well-establishedscreen golf and lotto business located in the prestigious neighborhood of Richmond Hill. The facilityfeatures four private luxury rooms, each outfitted with cutting-edge K1 Golf machines from Korea,complete with Auto-Tee systems, high-precision sensors, and cameras. With over 300 active membershipsand year-round fully booked schedules, this business boasts a loyal customer base and consistentrevenue. A fully operational lotto station adds an additional income stream, drawing increased foottraffic. The lease terms are highly favorable, offering a 2+5 year option at a competitive rate.Situated in a thriving, upscale residential area, this business presents a unique opportunity for newownership to take over a successful, high-demand venture.
10243 Yonge St, Richmond Hill
Without Property
$380,000
FOR SALE
Fabulous Turn-Key Clinic situated in Coveted Richmond Hill Location with Easy parking for Clients.Established Clinic with features advanced technology machines. Well Designed operating space with array of services such as acne scar removal, micro-needling, laser skin and hair treatments, hair removal, non-surgical procedures, dermal filler applications, and PRP. The business has a loyal clientele and great reputation for delivering a high quality of service with the clients. The asset sale includes all leasehold improvements, equipment, inventory, and the existing practitioners to ensure success for the new owner.Training available.
9301 Bathurst St, Richmond Hill
Without Property
$358,888
FOR SALE
Great Opportunity! Turn-Key Unit In Plaza. Located At The Richmond Hill/Vaughan Border. Strong Take-Out Business With Patio Potential.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1359569431