634 YONGE ST

M4L1J3

590,000

Business

Popular High Volume Franchised Store With Inexpensive Rent In Busy Downtown Toronto Yonge Street. Net Sales 2022 > $860K. Average Sales Each Of The Last 3 Years > $820K. Rent = $37,200/Year + Portion Of Realty Taxes & Insurance (Currently Only $13,805 In 2023). Relatively Short Hours (M-W 11 - 11; Thurs & Sun Until Mn; F & S Until 1 Am. New 44-Story Condo With 523 Units Recently Opened Across The Street. The Store Has Basement Washrooms And 1 Parking Stall For The Owner/Manager. Toronto's Most Popular Burrito & Qsr Mexican. Long Lease. Just Poised To Enter The First Of 2 5-Year Options On July 1st. Low Fixed Costs & High Sales = Profitability. If You Chose To Visit The Store, Please Respect The Confidentiality Of This Listing And Don't Talk To Staff.

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This Location Has Been Historically Owner-Absentee Managed. It Thrives Because Of Its Exceptional Location, Traffic, Exposure, And (Of Course) The Food. Customers Love It! The Buyer Will Be Approved, Trained & Supported By Head Office. (id:6355)

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