$629,000
Status: For Sale
BURRITO BOYZ - one of the top Mexican food franchise restaurants for sale. Located in the Plaza at the busy intersection of Upper James & Stone Church Rd, close to the Hwy 403 and Lincoln Alexander Pwky. The Burrito Boyz is surrounded by many commercial plazas and residential buildings. The current owner has started this store in 2021 and now successfully reached close to $1 MILLION NET in Sales Revenue with 50% in-store Sales and 50% third party Sales. Some important INFO provided by the SELLER: SQ FT: 2093. RENT + TMI =$6,079. One of the Lowest ROYALTY FEES : ONLY 2% (1.5%Royalty + 0.5% Mkt). FOOD COST is 35% and LABOUR COST is 28%. Current LEASE is valid till 2031 + option to RENEW 5yr + 5yr. Sales was close to $1M in 2023 and now sales is increasing month over month compared to 2023, current WEEKLY SALES is about $20,000. NET PROFIT : over $100,000. The BUYER to verify the accuracy of all info provided here in this listing during the conditional period of the Offer.
| Price | :$629,000 |
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
| Cross Street | :Upper James & Stone Church Rd |
| Fireplace/Stove | :No |
24 Feb, 2024
TREB #X8090518
Available
$629000.0
1400 Upper James St is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 1400 Upper James St with a highly strategic location at the L9B 1K3 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
1400 Upper James St offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8090518 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 0.00 and an attractive 629,000 while getting several vibrant Mewburn benefits at the same time.
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