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$ 499,000
Est. payment | /mo
3 Baths
1,844 SqFt
$ 499,000
Est. payment | /mo
3 Baths
1,844 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1844
Square Footage 1,844 sqft
Price per Sqft $270
Subdivision Annex
MLS® Listing ID C13735176
Property Description
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 $14,000, including TMI, 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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