96 Gerrard St E, Toronto, Ontario

$334,900

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About 96 Gerrard St E

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:36535)

Features of 96 Gerrard St E

Listing # 40852588
Price $334,900
Bathrooms 0.00
Acres 0.00
Type Business

Community Information

Address 96 Gerrard St E
City Toronto
Province Ontario
Postal Code M5B1G7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement Type None

Listing Details

OfficeCourtesy Of CENTURY 21 RIGHT TIME REAL ESTATE INC.

Listing Map