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96 GERRARD ST E, Toronto

$299,000

This business sale makes sense a?? 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?? a particularly attractive, long-term security rarely found in this market.

General Info


MLS Listing ID: 40852588 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Business Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: N/A Size: N/A Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: None
Water Supply: N/A Road Type: N/A Pool Type: N/A

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