#Food Court 1265 Military Trail, Toronto (Highland Creek) - Business for Sale
#Food Court 1265 Military Trail, Toronto (Highland Creek), Ontario, M1C1A4
This business in Toronto is for sale offering roughly 375 sq ft of space. It has been on the market 4 days, fresher than the Toronto average of 48 days.
Description
An excellent opportunity to acquire an established Hero Certified Burgers franchise located in the food court at the University of Toronto Scarborough Campus. Recently renovated and situated within a busy university environment, this business benefits from prominent exposure and consistent foot traffic. The food court setting offers the convenience of low maintenance and less cleaning, helping keep operating costs low. Features include a fully equipped, ready-to-operate setup, a lengthy lease with a renewal option, and franchise training and support. Low rent, including utilities, makes this an attractive opportunity for an owner-operator, first-time business owner, or an existing food service operator looking to expand. Potential to increase revenue by extending operating hours and opening on weekends. Inventory is extra. An ideal opportunity to step into an established franchise business with a relatively low initial investment! Please maintain strict confidentiality. Do not approach the business directly or communicate with any employees regarding the sale. (id:66096)
Property Details
- MLS®
- E14140758
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial (Food Court)
- Interior Size
- 375 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $21,592.32/yr
- Listed
- 4 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 4 days on market, against an average age of 48 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 (Highland Creek) has been listed for 4 days, which is 44 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1C)
This home lists at $129,000, about 1.0× the local median household income of $130,000.
Carrying it typically needs a household income of about $25,198 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $130,000
- Population
- 35,642
- Median age
- 44.4
- Owner / renter
- 89% / 11%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA M1C)
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$129,000
Toronto