551 Bloor Street West, Toronto (University) - Business for Sale
551 Bloor Street West, Toronto (University), Ontario, M5S1Y6
This business in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 80 days.
Description
-Turnkey Profitable Shelby's Legendary Shawarma Franchise Store For Sale One Of The Top Middle Eastern Shawarma Food Franchises For Sale In Toronto. This Well-Established Store Is Situated In Prestigious Location In A Very Strong High-Traffic Stretch Of The Annex / Bloor-Bathurst Corridor, One Of Toronto's Busiest Mixed-Use Neighborhoods. It's A Prime Commercial Area With Excellent Pedestrian Traffic, Strong TTC Access, Nearby Universities (A Strong Student Population), And Dense Residential Surroundings. Ensuring Great Visibility And High Foot Traffic. 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 Middle Eastern Cuisine.Strong Financial Performance:Monthly Sales: Approx. $100k/ Monthly (And Growing)Rent: Approx. $7,903.50/Month Inc. TMILease: Current Lease Long Term Till 2033+5+5 YearsRoyalty Fee: 6%Advertising Fee: 2%Store Area:Approx. 1100 Sq. Ft.Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity!Please Do Not GO Directly To The Store. (id:66096)
Property Details
- MLS®
- C13877892
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,100 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 29 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 80 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 (University) has been listed for 29 days, which is 51 days fresher than the city average of 80. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5S)
This home lists at $649,000, about 9.3× the local median household income of $70,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 81% above the area median.
- Median household income
- $70,000
- Population
- 17,074
- Median age
- 33.2
- Owner / renter
- 36% / 64%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5S)
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$649,000
Toronto