Church-Yonge Corridor, M5B 1G7
Description
This business sale makes sense - an exceptional opportunity to own a well-established Fat Bastard Burrito franchise in one of downtown Toronto's busiest corridors, steps from Toronto Metropolitan University, Yonge-Dundas Square, the Eaton Centre, and St. Michael's Hospital, with strong, consistent foot traffic from students, residents, and commuters year-round. Monthly sales average approximately $47.5K, and the 1,200 sq. ft. space carries one of the lowest rents in the downtown core at just $5,500/month, including TMI, with utilities averaging approximately $305/month. Royalty is 8% and marketing fee is 2%. The lease is with a student housing cooperative and runs until 2032, with two additional 5-year renewal options - a particularly attractive, long-term security rarely found in this market. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**
Features
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Category: Restaurant
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Total Area: 1,200 sqft
- Retail Area: 1,200 sqft
- Seats: 10
- Parking Types: None
- For Sale: Business Only
Details
- Zoning: Commercial
- Business Hours: Varies
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- Total Employees: 4
- C13635836
- Listing contracted with: CENTURY 21 RIGHT TIME REAL ESTATE INC.
