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388 Richmond Street Image 1

$380,000

Jan 15Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #C11925681

388 Richmond Street, Toronto C01, ON M5V 3P1

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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

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About 388 Richmond Street

Prime Downtown Toronto Fresh Burrito Franchise Opportunity High Traffic & Office Hub. Seize the chance to own a successful Fresh Burrito franchise in the bustling core of downtown Toronto! Located at 388 Richmond St W #5, this prime spot benefits from heavy foot traffic, thriving office buildings, and a dynamic urban environment. The area is surrounded by major tech companies, creative firms, and residential high-rises, driving consistent walk-ins and catering opportunities. The franchise enjoys strong, steadily growing monthly sales and is perfectly positioned to capitalize on lunch and dinner rushes from nearby professionals and residents. Affordable rent and a long-term lease ensure stability, while low royalty fees and robust franchise support maximize profitability. With Toronto's downtown continuing to grow as a commercial and residential hub, this turnkey business offers immense potential for expansion and sustained success. Don't miss this rare opportunity to own a thriving franchise in one of Torontos most vibrant and high-demand neighborhoods! **EXTRAS** Monthly Sales - $50,000 + $6500(HST) and growing. Low Monthly Rent - $4531.30 including TMI & HST. Lease - till 2028 + Option to renew for 5 years. Low Royalty Fees and exceptional franchise support

Home Overview

Last updated

Feb 13

Virtual tour

None

Basement information

Building size

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Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

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Listed by ROYAL LEPAGE TERRA REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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