500 Bloor Street W
Toronto C02, ON M5S 1Y3
Price
$499,000
Building Size
1,844 sq ft
MLS# C13735176 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Business Details
Business Type
Fast Food/Takeout
Property Use
Without Property
Hours / Days
Open 7 Days
Franchise
Yes
Commercial Space & Financials
Retail Area
1,500 sq ft
Industrial Specifications
Lot Size
44' × 50'
Property Description
Exceptional 24/7 A&W franchise opportunity in the heart of Toronto's vibrant Annex neighbourhood. Ideally positioned on Bloor Street West, this busy 1,844 sq. ft. location benefits from outstanding pedestrian traffic and proximity to the University of Toronto, schools, offices, residences and the major Mirvish Village development. The restaurant offers seating for 26, strong sales, a loyal customer base and an efficient layout designed for high-volume quick-service operations around the clock. Franchise modernization has been completed to current standards, with no anticipated site upgrades for the next seven years. Currently operated by a hands-off owner, this is a fantastic opportunity for an active owner-operator to reduce management costs and further improve profitability. Full franchisor training and support are available, subject to approval, with royalties of 3.5% plus a 3% advertising contribution. Gross monthly rent is approximately $15,100 inclusive of TMI, plus HST with lease term remaining. Prospective purchasers are expected to have a minimum of 35% of the purchase price available in unencumbered cash and are subject to franchisor approval. A compelling turnkey opportunity backed by one of Canada's most recognized quick-service brands. Please do not go direct or speak with staff.
Price & Status History
Price history is locked
Location
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500 Bloor Street W, Toronto C02 M5S 1Y3
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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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