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C6802590
$397,500

3-16 Richardson St (Queens Quay E. & Richardson St)

Price: $397,500

Status: For Sale 

MLS®#: C6802590

$397,500
  • Tax: T.M.I. (2022)
  • Community:Waterfront Communities C8
  • City:Toronto
  • Type:Commercial
  • Style:Sale Of Business

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Description

Great opportunity to join a growing Mexican Franchise Business. Fresh Burrito is located in the desirable Toronto Waterfront Communities. Located within walking distance to Sugar Beach, George Brown College, with residential condo tower above the business. Surrounded by high density Residential, Offices, Restaurants, Retail with high foot traffic. Excellent business with strong weekly sales, great rent with long lease, low royalty and great franchise support.


Highlights

Weekly sales:$10,000+, Rent:$5,800/M include TMI, Lease: 8 + 2x5 year options to renew,Royalty:5%, ad fund:2%,utilities:$1000-1200/M, food cost:32-35%,labour cost: 22-25%.List of equipment & chattels will be available w/accepted offer.

Want to learn more about 3-16 Richardson St (Queens Quay E. & Richardson St)?

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’

Kevin M. Beer

Sales Representative

RE/MAX Hallmark Realty Ltd, Brokerage, Toronto

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