#100 3525 Rebecca Street, Oakville (QE Queen Elizabeth) - Business for Sale
#100 3525 Rebecca Street, Oakville (QE Queen Elizabeth), Ontario, L6L0H6
This business in Oakville is for sale. It has been on the market 42 days, fresher than the Oakville average of 77 days.
Description
Excellent Turnkey Franchised Business Opportunity BarBurrito located in a high-traffic plaza in Oakville. Surrounded by a mature residential neighbourhood with anchor tenants such as Food Basics, Shopper Drug Mart. Proximity to schools, QEW, and numerous residential developments provides steady walk-in traffic and potential for growth. This well-established fast-casual restaurant boasts high monthly sales of approximately $38,000 with monthly rent of $6214 (Incl.TMI & HST). Utility costs are approximately: $1,000-$1,200/month. Franchise fees include 6.0% royalty and 1.25% advertising. Long-term lease in place Store size approx. 1,300 sq.ft. Well-maintained, fully equipped kitchen and dining area with a strong customer base and opportunity to increase revenue through catering. (id:66096)
Property Details
- MLS®
- W13819108
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 42 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 77 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 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Oakville (QE Queen Elizabeth) has been listed for 42 days, which is 35 days fresher than the city average of 77. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6L)
This home lists at $195,555, about 1.6× the local median household income of $122,000.
Carrying it typically needs a household income of about $38,199 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $122,000
- Population
- 30,012
- Median age
- 47.2
- Owner / renter
- 79% / 21%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA L6L)
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$195,555
Oakville