
1/29301 BATHURST STREET, Richmond Hill (North Richvale), ON L4C9S2
$570,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
86%
Rare opportunity to acquire a well-established and profitable franchise business with a proven operating model. This turnkey operation includes trained staff, established systems, equipment, delivery infrastructure, and the benefits of operating under a recognized national franchise brand. The business has built a loyal customer base, enjoys strong brand recognition, and maintains an excellent presence on major food delivery platforms. A key advantage of this business is its experienced and well-trained team, allowing the restaurant to operate efficiently with minimal day-to-day involvement from the owners. Combined with streamlined operations and minimal kitchen complexity, the business is easy to manage, making staffing and training straightforward while supporting healthy operating margins. The business benefits from a well-balanced revenue model, with approximately **72% of sales generated through takeout, 18% from catering, and 10% from dine-in customers**, providing multiple income streams and demonstrating strong demand across different service channels. There is significant potential for continued growth through expanded catering, corporate and community partnerships, local marketing initiatives, customer loyalty programs, delivery optimization, and extended operating hours. This is an outstanding opportunity for an owner-operator, investor, hospitality group, or existing franchisee seeking immediate cash flow with excellent long-term growth potential. The sale includes operational goodwill, equipment, established systems, branding assets, and franchise rights, subject to the franchisor's approval. Additional financial information and supporting documentation will be made available to qualified buyers upon execution of a confidentiality agreement. (id:66811)
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Monthly debt service
$3K
Projected NOI
$33K
Annual cash flow
$1K
Cash-on-cash
0.62%
DSCR
1.03
Going-in cap
5.73%
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
83,421
Households
29,787
Median income
$105,000
Median age
45.1
Daytime population
94,953
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 9301 BATHURST STREET, Richmond Hill (North Richvale).
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.