500 Bloor Street W, Toronto, Ontario, Canada, M5S1Y3
499,000
for Sale
3
About the property:
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 $15,100 inclusive of TMI, plus HST 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.
Extra info:
* As per List of Chattels & Equipment *
Sale Of Business
false
- Property Type:
- Sale Of Business
- Status:
- for Sale
- Bathrooms:
- 3
- Land Size:
- 44 x 50 FT
- Business Type:
- Fast Food/Takeout
- Heating Type:
- Gas Forced Air Closed
- Cross Street:
- Bloor St W & Bathurst St
- Listing ID:
- C13735176
Rooms
Dimensions
Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
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