#103 1635 Durham Regional Highway 2 Highway, Clarington (Courtice) - Business for Sale
#103 1635 Durham Regional Highway 2 Highway, Clarington (Courtice), Ontario, L1E2R6
This business in Clarington is for sale. It has been on the market 35 days, fresher than the Clarington average of 61 days.
Description
Excellent opportunity to own a Fresh Burrito franchise in a prime Courtice location! Located in a busy AAA plaza anchored by Food Basics & Dollarama, right off Highway 2 and surrounded by schools, residential neighborhoods and major retailers. Newly renovated with brand-new equipment and includes a Taco Star Ghost Kitchen for additional revenue. Affordable rent, low royalties and long-term lease with 5 + 5 year renewal options. **Vendor Take-Back (VTB) financing available for qualified buyers.** Store is currently closed and the Franchisor is looking for a new Franchisee to take over and operate. Great opportunity for an owner-operator or investor! (id:66096)
Property Details
- MLS®
- E13849730
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Mixed Use
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 35 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 35 days on market, against an average age of 61 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 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Clarington (Courtice) has been listed for 35 days, which is 26 days fresher than the city average of 61. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1E)
This home lists at $120,000, about 1.0× the local median household income of $123,000.
Carrying it typically needs a household income of about $23,440 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $123,000
- Population
- 28,325
- Median age
- 39.2
- Owner / renter
- 92% / 8%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L1E)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$120,000
Clarington