ActiveFor Sale

96 GERRARD ST E
Toronto, Ontario, M5B1G7

Business
CREA
MLS® Number: 40852588
$299,000List Price
BusinessProperty Type
TorontoCommunity
For SaleListing Type
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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. (id:66360)

Features

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Amenities

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Summary

List Price:$299,000
MLS® Number:40852588
CREA Listing Key:30103397
Type:Business
Listing Brokerage:Century 21 Right Time Real Estate Inc.

Rooms

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Details

Property

Property Type:Business
Municipality:Toronto

Inside

Basement:None

$299,000

List price