$2,480,000
Available - For Sale
Listing ID: N13494168
3989 Highway 7 East N/A , Markham, L3R 5M6, York


This Chinese hot pot restaurant, located at 3989 Highway 7 in city of Markham, is the largest hot pot restaurant in North America . Spanning over 8,000 square feet, it has two floors, seven private rooms, liquor license, 312 seats. The owner invested heavily in the restaurant's luxurious renovation, featuring renowned designers, dazzling lighting, and the use of precious woods and marble, all meticulously crafted to highlight local culture. All tableware and furniture are exquisitely high-end. The restaurant offers accessible restrooms and high-rise children's seats, and a spacious staircase and elevator provide direct access to the second floor. Both floors have kitchens and freezers, and a separate loading ramp. The unique walkway design is truly impressive! Located in Markham's bustling commercial center, the restaurant is approximately 10 minutes from Highway 404 and less than 5 minutes from Highway 407. The surrounding area is densely populated, especially with a large Chinese population. The rent is very favorable, and the lease term is long. Adding barbecue or other specialty food services could be beneficial! Turn key business!
Price $2,480,000
Taxes: $0.00
Tax Type: Annual
Occupancy: Owner
Address: 3989 Highway 7 East N/A , Markham, L3R 5M6, York
Postal Code: L3R 5M6
Province/State: York
Directions/Cross Streets: HWY7 & Birchmount RD
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Total Area: 11000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11:00am
Employees #: 20
Seats: 312
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AIMHOME REALTY INC.
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Markham
Neighbourhood: Unionville
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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