$380,000
( )
 $2,040 est/mo Sourced by Back At You

#5 - 388 Richmond Street , Toronto C01, ON M5V 3P1

Toronto C01, ON M5V 3P1

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Description

Prime Downtown Toronto Fresh Burrito Franchise Opportunity High Traffic & Office Hub. Seize the chance to own a successful Fresh Burrito franchise in the bustling core of downtown Toronto! Located at 388 Richmond St W #5, this prime spot benefits from heavy foot traffic, thriving office buildings, and a dynamic urban environment. The area is surrounded by major tech companies, creative firms, and residential high-rises, driving consistent walk-ins and catering opportunities. The franchise enjoys strong, steadily growing monthly sales and is perfectly positioned to capitalize on lunch and dinner rushes from nearby professionals and residents. Affordable rent and a long-term lease ensure stability, while low royalty fees and robust franchise support maximize profitability. With Toronto's downtown continuing to grow as a commercial and residential hub, this turnkey business offers immense potential for expansion and sustained success. Don't miss this rare opportunity to own a thriving franchise in one of Torontos most vibrant and high-demand neighborhoods! **EXTRAS** Monthly Sales - $50,000 + $6500(HST) and growing. Low Monthly Rent - $4531.30 including TMI & HST. Lease - till 2028 + Option to renew for 5 years. Low Royalty Fees and exceptional franchise support

Details

MLS#C11925681
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site66
Listing Provided ByROYAL LEPAGE TERRA REALTY | Not Provided

Features

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

ProvinceON
RegionToronto
CityToronto C01
Postal CodeM5V 3P1
AreaWaterfront Communities C1
Listing VS Median (In M5V 3P1)
Price:
$380,000
low | high
Med:
$0
On site:
66
low | high
Med:
Sourced by Back At You
Listing Updated: February 19, 2025 at 7:52:42 AM PST