$449,000

FOR SALE

Franchise Business for Sale

Restaurant

1800 Simcoe St N
Oshawa, ON L1G 4X9 | Samac | Durham

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Excellent Turned Key Fat Bastard Burrito Business For Sale in Heart Of Oshawa's University District. Surrounded by the University of Ontario Institute of Technology and the Durham College campuses and residences. Great Opportunity To Own A Successful And Profitable Burrito Store! High Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2019. Excellent Current Sales. Weekly Sales: Approx $12,500-$13,500, Low Base Rent of $2745.96 monthly With Long Lease Until July 2029+ 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 4 FT & 3 PT. Absent Owner, Store Runs Through The Staff From Beginning. Not To Be Missed! Open 7 Days A Week.

Extras

Weekly Sales: Approx $12,500-$13,500, Low Base Rent of $2745.96 monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1117 sqft.

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Listed By	HOMELIFE/MIRACLE REALTY LTD
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E9249011
Last Updated	Sep 11, 2024

Property Summary

Property Type	Business For Sale More like this: Oshawa Business For Sale
Use	Restaurant
Franchise	Franchise
Category	Without Property
Occupancy	Owner
Possession Date	Immediately
Directions/Cross Streets	Niagara Dr & Simcoe St N
Neighbourhood	Samac
Area	Durham

Price History

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Detailed Information

Retail Area	1,117 percent
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	Plaza
Days Open	7
Hours Open	11am-2a
LLBO	N
Employees	7
Heat Type	Gas Forced Air Closd
Financial Statement	Y
Seats	10
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	Commercial
Seller Property Info Statement	N

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