3-16 Richardson St (Queens Quay E. & Richardson St)
Status: For Sale
- Tax: T.M.I. (2022)
- Community:Waterfront Communities C8
- Style:Sale Of Business
- HeatingGas Forced Air Open
- Sewer/Water SystemsMunicipal
Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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.
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.
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