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$499,000
Available - For Sale
Listing ID: C13735176
Exceptional 24/7 A&W franchise opportunity in the heart of Toronto's vibrant Annex neighbourhood. Ideally positioned on Bloor Street West, this busy 1,844 sq. ft. location benefits from outstanding pedestrian traffic and proximity to the University of Toronto, schools, offices, residences and the major Mirvish Village development. The restaurant offers seating for 26, strong sales, a loyal customer base and an efficient layout designed for high-volume quick-service operations around the clock. Franchise modernization has been completed to current standards, with no anticipated site upgrades for the next seven years. Currently operated by a hands-off owner, this is a fantastic opportunity for an active owner-operator to reduce management costs and further improve profitability. Full franchisor training and support are available, subject to approval, with royalties of 3.5% plus a 3% advertising contribution. Gross monthly rent is approximately $15,100 inclusive of TMI, plus HST with lease term remaining. Prospective purchasers are expected to have a minimum of 35% of the purchase price available in unencumbered cash and are subject to franchisor approval. A compelling turnkey opportunity backed by one of Canada's most recognized quick-service brands. Please do not go direct or speak with staff.
Price $499,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 500 Bloor Street West , Toronto, M5S 1Y3, Toronto
Postal Code: M5S 1Y3
Province/State: Toronto
Legal Description: LT 6 PL 608 NORTH WEST ANNEX S/T CT84356
Directions/Cross Streets: Bloor St W & Bathurst St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,844
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 24
Employees #: 10
Seats: 26
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

500 Bloor Street West , Toronto, M5S 1Y3, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C02
Neighbourhood: Annex
Style:
Lot Size: x 50.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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