Overview

This retail property in Toronto is for sale. It has been on the market 28 days, fresher than the Toronto average of 57 days.

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Description

TURNKEY FOOD TRAILER BUSINESS - PRIME WATER TAXI LOCATION! Excellent opportunity to own a turnkey food trailer business ideally located directly in front of a busy water taxi location. This is a great opportunity for an owner-operator entrepreneur looking to take over an established seasonal food business with strong summer sales. The food trailer is well-equipped with 2 burners, 2 grills, and 1 flat-top grill, making it suitable for a variety of food concepts and menu options. Strong Seasonal Sales! June & July: Approx. $30,000-$35,000 in monthly sales Rest of the Year: Approx. $15,000-$17,000 in monthly sales Attractive Rent Structure: Prime location, excellent visibility, established operation, and an affordable rent structure make this a fantastic opportunity for someone looking to enter or expand in the food business. Do not miss this opportunity! (id:66096)

Market Timing

Days on market

28d

Toronto (Waterfront Communities) listings, avg age

57d

List price

$60K

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.

Haho

This retail in Toronto (Waterfront Communities) has been listed for 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Area context

Neighbourhood profile (M5E)

This home lists at $60,000, about 0.6× the local median household income of $98,000.

Carrying it typically needs a household income of about $11,720 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$60,000

For sale

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Financing

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Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (M5E)

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