haho.ca
$289,000
For sale

150 Churchill Boulevard, Sault Ste Marie - Business for Sale

150 Churchill Boulevard, Sault Ste Marie, Ontario, P6A3Z9

1,379 ft²Listed 38 days ago
Overview

This business in Sault Ste Marie is for sale offering roughly 1,379 sq ft of space. It has been on the market 38 days, fresher than the Sault Ste Marie average of 57 days.

Description

Turnkey Fat Bastard Burrito Franchise For Sale One Of The Top Mexican Food Franchises For Sale In Sault Ste. Marie. In Churchill Plaza, One Of Sault Ste. Marie's Major Retail Shopping Centres. Ideally Located At The Busy Intersection Of Churchill Blvd & Trunk Rd (Highway 17B), Offering Outstanding Visibility, Accessibility, And Steady Customer Traffic. Serving A Strong Trade Area With Over 34,000 Residents Within 3 Km And 14,300 Nearby Employees. Benefit From High Exposure With Approximately 20,600 Vehicles Daily On Trunk Road And 14,500 Vehicles Daily On Wellington Street. Surrounded By National Retailers And Established Businesses, Making It An Ideal Turnkey Franchise Opportunity. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Mexican Cuisine. Strong Financial Performance: Monthly Sales: Approx. $40,000 $45,000 (And Growing)Rent: Approx. $4108/Month inc. TMI Lease: Current Lease Long Term Till 2029+5+5 Years. Royalty Fee: 8%Advertising Fee: 2%Store Area: Approx. 1379 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity! (id:66096)

Property Details

MLS®
X13837576
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
1,379 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
38 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
38d
Sault Ste Marie listings, avg age
57d
Price / ft²
$210
List price
$289K

Extended: 38 days on market, against an average age of 57 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 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Sault Ste Marie has been listed for 38 days, which is 19 days fresher than the city average of 57. Act while there is still low competition.

Listed by HOMELIFE/MIRACLE REALTY LTD · RAJNISH GARG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P6A)

This home lists at $289,000, about 3.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $56,452 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$78,000
Population
33,800
Median age
47.2
Owner / renter
70% / 31%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA P6A)

$289,000· $210/ft²
For sale

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Financing

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$289,000

Sault Ste Marie

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