2575 Victoria Park Avenue, Toronto (Tam O'Shanter-Sullivan) - Business for Sale
2575 Victoria Park Avenue, Toronto (Tam O'Shanter-Sullivan), Ontario, M1T1A4
This business in Toronto is for sale offering roughly 1,566 sq ft of space. It has been on the market 41 days, fresher than the Toronto average of 63 days.
Description
***Priced to Sell***Turnkey QSR Opportunity Fat Bastard Burrito Franchise Available for Purchase. Prime location in Scarborough, ON. This well-established store is located in a prestigious plaza featuring busy businesses and a TD Bank, just steps away from Victoria Park and Sheppard Avenue. It offers easy access to Highway 401 via the Victoria Park exit and is in proximity to Fairview Mall and Scarborough Town Center. The area is surrounded by high rise buildings, residential neighborhoods, offices, and retail spaces, ensuring excellent visibility and high foot traffic. The franchise provides consistent sales, is easy to manage with full support, and is perfect for owner operator, or first-time business buyers seeking a profitable and reputable brand opportunity. Unmatched location. Key Highlights: A favored destination for Mexican cuisine. Strong financial performance and growth potential. Fully equipped and operational with a loyal customer base. A fantastic opportunity for owner operator or investors looking for a ready to run business. Significant potential to increase sales through catering, delivery services, and local partnerships. Franchise support and training are included start strong with a recognized brand! This is a turnkey business with strong brand recognition and opportunities for expansion. Ideal for individuals passionate about food service and entrepreneurship. Monthly Sales $43000-47000 approximately with more opportunity to grow. Monthly Rent: $7202.56/Month including TMI plus HST. Lease: Current Long-Term Lease until 2034 with an option to renew. Royalty Fee: 8%. Advertising Fee: 2%. Store Area: 1566 Sq. Ft. Comprehensive training will be provided by the franchisor to the new buyer. Don't miss out on this opportunity! (id:66096)
Property Details
- MLS®
- E13830416
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR0.33(c0.33;r0*489)
- Bathrooms
- 2
- Interior Size
- 1,566 ft²
- Frontage
- 340 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 41 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 41 days on market, against an average age of 63 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 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Tam O'Shanter-Sullivan) has been listed for 41 days, which is 22 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1T)
This home lists at $199,999, about 2.8× the local median household income of $71,500.
Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $71,500
- Population
- 34,607
- Median age
- 44.8
- Owner / renter
- 52% / 48%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA M1T)
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$199,999
Toronto