1025 ELGIN STREET W

Business For Sale in Cobourg, Ontario

$349,000
Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023. Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week. **** EXTRAS **** Weekly Sales: Approx $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1,022 sqft. (id:4069)
Address 1025 ELGIN STREET W
List Price $349,000
Property Type Business
Area Ontario
Sub-Area Cobourg
MLS® Number X9508826
Listing Brokerage HOMELIFE/MIRACLE REALTY LTD
Postal Code K9A5W4
Zoning Commercial

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The Reynolds Team

Keller Williams Community Real Estate

57 Hunter St E. Peterborough ON K9H 1G4

Mobile: 705-768-4529

Office: 705-486-8600

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