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496b Yonge St, Toronto, Ontario M4Y 1X9

Fully Air Conditioned

$645,000.00

fsbo for sale by owner

Ian Angus 416-529-0697
Matt Angus 416-705-7100
info@burritobandidos.com

Price includes 3 store locations: see MLS# C4447444, MLS# E4441308 and MLS# C4437443 for details.

Opportunity to own a Toronto eating institution. Burrito Bandidos www.burritobandidos.com is offering all rights to its properties in the GTA, and the exclusive right to expand its proven quick service restaurant concept and brand anywhere in the GTA. Includes 3 established downtown locations with total average annual revenues over $2 million. Successfully operating his restaurant concept for over 15 years, the owner is moving to Hamilton. Sale includes all GTA equipment, furnishings, IP including name, logo, website and all other intellectual property including recipes and processes. This busy downtown location is located in the midst of soaring office and condominium towers surrounding the Yonge and Bay Street corridor near College Street and is a short walk to the Provincial legislature, UofT, Ryerson University and the offices of thousands of private sector and government employees. Adjacent to the always bustling central YMCA and a block from Women’s College Hospital, this location enjoys traffic day and night. It is an established local favourite that has been serving its steady urban business and residential clientele for the past 8 years. This premises lease includes two 5-year extension options, extending the term out to 2030.

Why pay franchise fees forever when you can own the entire brand and its goodwill assets outright.

Brokerage Remarks: ***Mere Posting*** THE SELLER IS WILLING TO PAY A FEE OF 5.00% DIRECTLY TO A CO-OPERATING BROKERAGE.

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Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

Listing ID C4447444

Building

Cooling Type Fully Air Conditioned
Fireplace Present No
Utility Water Municipal Water

Land

Acreage No

https://therealtycommission.com/for-sale-by-owner/496b-yonge-st-toronto-ontario-m4y-1x9-20666622/