12
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$349,000
Est. payment /mo
Active
1025 Elgin ST W Cobourg, ON K9A 5W4
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UPDATED:
10/24/2024 01:51 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9508826
Tax Year 2024
Property Description
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.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Region Cobourg
City Region Cobourg
Interior
Cooling Yes
Listed by HOMELIFE/MIRACLE REALTY LTD