Exciting opportunity to own a well-established Mexican franchise with LLBO in Barrie for just $225k. Located in a prime high-traffic area near Highway 400, this fully operational restaurant boasts strong sales (~$400k in 2023/2024) with excellent growth potential. The business comes with modern kitchen equipment, furniture, and a POS system, plus 350 sqft of additional space to convert into an office. The lease is secure (2+5+5) with a rent of ~$6200/month for 2000 sqft. With room to expand hours and increase marketing, this restaurant has significant evening sales potential, especially with tourists and competitors seeing success after 9pm. The current owner is absentee and looking to relocate. Lunch business is more than 80% of the sales and potential for dinner business is great considering the amount of traffic on the road. AMAZING EXPOSURE ! (id:47421)
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Detailed Information
Lot
178.58 x 100 ft
Listing Contract Date
2025-02-23
Location Description
Bayfield and 401
Property Type
Business
Transaction Type
For sale
Zoning Description
COMMERCIAL
Business
Business Type
Restaurant
Business Subtype
Fast foods
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Total Size
Unit=178.66 x 100 FT
Size of Irregular Land
Unit=178.66 x 100 FT
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