













1/158 - 12960 YONGE STREET, Richmond Hill (Oak Ridges), ON L4E3K2
$78,000 total
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
95%
FULLY OPERATIONAL HALAL MEAT SHOP IN THE HEART OF RICHMOND HILL! A RARE TURNKEY OPPORTUNITY TO TAKE OVER AN ESTABLISHED HALAL BUTCHER SHOP WITH EQUIPMENT, SUPPLIERS AND SYSTEMS ALREADY IN PLACE. THE SHOP IS FULLY EQUIPPED WITH A WALK-IN COOLER, COMMERCIAL MEAT GRINDER, LARGE-CAPACITY SCALE, NELLA VACUUM SEALER, DISPLAY COOLERS, CUTTING STATIONS AND ALL ESSENTIAL EQUIPMENT REQUIRED FOR DAY-TO-DAY OPERATIONS. ESTABLISHED RELATIONSHIPS WITH TRUSTED HALAL SUPPLIERS WILL BE TRANSFERRED TO THE NEW OWNER, ENSURING CONSISTENT PRODUCT AND UNINTERRUPTED SERVICE FROM DAY ONE. THE CURRENT OWNER WILL PROVIDE TRAINING TO ENSURE A SMOOTH TRANSITION. SITUATED IN A HIGH-VISIBILITY, HIGH-TRAFFIC PLAZA WITH AMPLE PARKING, THE BUSINESS BENEFITS FROM A LOYAL, ESTABLISHED CUSTOMER BASE AND STRONG REPEAT TRAFFIC FROM THE SURROUNDING COMMUNITY. THE FUNCTIONAL LAYOUT AND COMMERCIAL-GRADE SETUP ALLOW A NEW OWNER TO STEP IN AND OPERATE IMMEDIATELY. WHETHER YOU ARE LAUNCHING YOUR FIRST BUSINESS OR EXPANDING AN EXISTING FOOD OPERATION, THIS IS AN EXCEPTIONAL CHANCE TO ACQUIRE A FULLY EQUIPPED HALAL MEAT SHOP IN A PRIME RICHMOND HILL LOCATION. TURNKEY, WELL-EQUIPPED, SUPPLIERS AND TRAINING INCLUDED. READY FOR A NEW OWNER TO TAKE OVER (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$360
Projected NOI
$5K
Annual cash flow
$944
Cash-on-cash
4.03%
DSCR
1.22
Going-in cap
6.75%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
66,972
Households
31,403
Median income
$84,000
Median age
44.5
Daytime population
95,549
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8 - 12960 YONGE STREET, Richmond Hill (Oak Ridges).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.