#Unit 5 6605 Highway 7, Markham (Sherwood-Amberglen) - Business for Sale
#Unit 5 6605 Highway 7, Markham (Sherwood-Amberglen), Ontario, L3P7P1
This business in Markham is for sale offering roughly 1,212 sq ft of space.
Description
Excellent opportunity to own an established BarBurrito franchise restaurant in a prominent location on Highway 7 in Markham, Ontario. The restaurant is situated within a busy mixed-use commercial area surrounded by residential communities, schools, hospital, medical clinics, offices, retail shops, and other restaurants. The location benefits from convenient access to public transit, major highways and ample surface parking. The restaurant offers dine-in, takeout, catering and delivery opportunities and serves BarBurrito's established menu of fresh bowls, burritos, tacos and quesadillas. The business operates within an established franchise system with recognized branding, standardized menu offerings and operating procedures. The location may be suitable for an owner-operator or experienced restaurateur looking to acquire an established franchise restaurant in the Markham, with potential opportunities to grow sales through local marketing, catering, delivery and operational improvements. Serious inquiries are welcome. (id:66096)
Property Details
- MLS®
- N13574312
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- SC1
- Bathrooms
- 2
- Interior Size
- 1,212 ft²
- Frontage
- 264 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $16/yr
- Listed
- 111 days ago
Features
- Appliances
- Oven, Freezer
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 111 days on market, against an average age of 49 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 32 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 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Markham (Sherwood-Amberglen) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3P)
This home lists at $250,000, about 2.2× the local median household income of $115,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 37,336
- Median age
- 47.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L3P)
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$250,000
Markham