500 Bloor Street W,Toronto (Annex), ON M5S1Y3
Toronto (Annex), ON M5S1Y3
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. (id:13843)
Details
| MLS # | C14086860 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | JASON KLEYN |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 1,844 |
| Zoning | Business Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Annex) |
| Postal Code | M5S1Y3 |
| Listing VS Median (in M5S1Y3) | |
Price: $439,000 low | high Med: $439,000 sqft: 1,844 low | high Med: 1,844 $ / sqft: $238 low | high Med: $238 On site: 28 low | high Med: 28 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Annex) |
| Postal Code | M5S1Y3 |
| Listing VS Median (in M5S1Y3) | |
Price: $439,000 low | high Med: $439,000 sqft: 1,844 low | high Med: 1,844 $ / sqft: $238 low | high Med: $238 On site: 28 low | high Med: 28 | |