$199,000

About this property

Excellent opportunity to acquire a fully equipped, turnkey Japanese sushi restaurant in an established Richmond Hill community. Located at Unit 6, 10800 Bayview Avenue, the restaurant occupies approximately 865 sq. ft. and offers an efficient operating format suitable for an owner-operator or an established restaurant group seeking an additional location.The premises feature an existing restaurant layout, kitchen infrastructure, equipment and operational setup, subject to the final equipment and chattel list. A buyer may continue the existing sushi concept or operate under their own brand. The premises may also accommodate another permitted food-service concept, subject to the landlord's approval, lease assignment requirements, zoning and applicable licensing.The current lease runs until February 28, 2029, with two additional five-year renewal options, subject to the terms of the lease. There is no Percentage Rent provision.Financial statements, sales information, equipment details and lease documents may be provided to qualified buyers after execution of a confidentiality agreement.Please do not go directly or speak with employees. All showings must be arranged through the listing brokerage.

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