96 Gerrard St E Toronto, Ontario M5B 1G7

$349,000

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:49203)

Property Details

MLS® Number 40852588
Property Type Business

Building

Basement Type None

Land

Acreage No
Size Total Text Unknown

https://www.realtor.ca/real-estate/30103397/96-gerrard-st-e-toronto

Contact Us

Contact us for more information

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Tanmeet Bagga
Salesperson

(437) 345-5043

Century 21 Right Time Real Estate Inc.
Unit 1 - 1770 King Street East
Kitchener, Ontario N2G 2P1

(519) 743-6666
(519) 744-1212
righttimerealestate.c21.ca/

Dekker Team
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