#1 738 BURLOAK Drive, Burlington - Business for Sale
#1 738 BURLOAK Drive, Burlington, Ontario, L7L0B1
This business in Burlington is for sale. It has been on the market 46 days, fresher than the Burlington average of 59 days.
Description
Great Opportunity To Own A Well-established Franchise Restaurant In A Prime Burlington Location! This Thriving Business Is Strategically Located In A Busy, High-traffic Plaza Surrounded By Residential Neighborhoods, And other major Amenities offering Excellent Exposure And Walk-in Traffic. The Restaurant Features A Fully Equipped, Modern Kitchen with Approximately two 6 ft Hoods, walk-in cooler and High-quality Appliances. Rent $10508.90including HST , SQ FT Approximately 1953 sq ft , Royalty 6%, , Remaining lease 10 years And Minimal Overhead Make This An Extremely Attractive And Sustainable Business. Ample Parking And Great Signage Visibility Contribute To Ongoing Customer Growth And Retention. The Business Benefits From A Loyal Customer Base, Positive Word-of-mouth, Strong Franchise support, And Growing Demand In The Area. Full Training And Transitional Support Will Be Provided To Ensure A Smooth Handover To The New Owner. Whether You're An Experienced Restaurateur Or A Motivated Entrepreneur, This Is A Rare Chance To Take Ownership Of A Successful Food Operation In One Of Burlington Most Desirable Commercial Areas. Can be converted into another Brand. Don't Miss Out opportunities Like This Are Rare! Call listing agent to book your showings. (id:66096)
Property Details
- MLS®
- 40864224
- Property Type
- Business
- Basement
- None
- Listed
- 46 days ago
Market Timing
Long Listed: 46 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Burlington has been listed for 46 days, which is 13 days fresher than the city average of 59. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L7L)
This home lists at $299,000, about 2.5× the local median household income of $122,000.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $122,000
- Population
- 47,433
- Median age
- 42.4
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA L7L)
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$299,000
Burlington