5 - 388 Richmond Street W Toronto, Ontario M5V 3P1
$380,000
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 (id:61015)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | C11925681 |
| Property Type | Business |
| Community Name | Waterfront Communities C1 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
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January 15 2025 11:34:59
Toronto Regional Real Estate Board
Royal LePage Terra Realty