9600 Islington Avenue

Property facts

Price

$299,000

Type

sale of business

Bedrooms

0

Bathrooms

2

Size

1,500 sq ft

MLS®

N13544822

Status

active

Brokerage

ACHIEVERS REALTY

About this home

Excellent Turnkey Franchised Business Opportunity - barBURRITO located in a high-traffic plaza at the busy intersection of Islington Ave. & Rutherford Rd., in Vaughan (Woodbridge). Surrounded by a mature residential neighbourhood with anchor tenants such as Food Basics, McDonald's, Tim Hortons, and Pizza Pizza. Proximity to schools, Highway 400, and numerous residential developments provides steady walk-in traffic and potential for growth. This well-established fast-casual restaurant boasts high monthly sales of approximately $30,000 and a low monthly base rent of $ 3,500 + TMI. Utility costs are approximately. $1,000-$1,200/month. Franchise fees include a 6.0% royalty and a 1.25% advertising fee. Long-term lease in place with a renewal option available (Current 5 years + renewal option for another 5 + 5-years). Store size approx. 1,500 sq.ft. with a seating capacity of 24- 28 people. Well-maintained, fully equipped kitchen and dining area with a strong customer base and opportunity to increase revenue through catering, delivery platforms, and community engagement. Perfect for owner-operators or investors seeking a stable, branded food business in a premium location.

Location