500 Bloor Street W, Toronto (annex), Ontario

$499,000

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3

Baths

1,844

Square feet

About 500 Bloor Street W

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. (id:36535)

Features of 500 Bloor Street W

Listing # C13735176
Price $499,000
Bathrooms 3.00
Square Footage 1,844
Acres 0.00
Type Business

Community Information

Address 500 Bloor Street W
Subdivision Annex
City Toronto (annex)
Province Ontario
Postal Code M5S1Y3

Amenities

Amenities Highway, Public Transit
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 44 x 50 FT

Listing Details

OfficeCourtesy Of ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing Map