500 Bloor Street W, Toronto, Ontario M5S 1Y3

Listed for:
$499,000
0 beds
3 baths
Listed 6 days ago
500 Bloor Street W, Toronto, Ontario M5S 1Y3

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About

Cross Streets: Bloor St W & Bathurst St. ** Directions: Head west on Bloor St towards Bathurst and the property will be on the north side of Bloor. 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:27476)

Property Highlights

MLS® Number
C13735176
Type
Business
Community Name
Annex
Land Size
44 x 50 FT

Building

Square Footage
1844 sqft
Bathrooms Total
3
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
C13735176
Agent:
Jason Kleyn
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