U 1 223 North Service Rd W, Oakville, Ontario L6M 2G2

Listed for:
$249,900
0 beds
0 baths
Listed 91 days ago
U 1 223 North Service Rd W, Oakville, Ontario L6M 2G2

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Listing provided by:
HOMELIFE/MIRACLE REALTY LTD
MLS® number:
W8049038
Agent:
Chintan Patel
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About

Mucho Burrito Franchise In Oakville's Busy Plaza at Dorval & QEW. Golden Opportunity for Hands On Owner to takeover Turnkey Operation and Grow the Business. Weekly Net Sales: $7,000 to $8,000, Food Cost: 32% to 34%, Labor Cost: 20%, Lease: 5 Years term + option to Renew 5 + 5. Royalty: 6% + 4% Marketing. Operating for 5 Years with positive Cash Flow In A High Traffic Plaza. Anchor Tenants such as TD Bank and Starbucks. Equipment And Chattels Are In Excellent Condition. Surrounded By Residential And Commercial with Tons of New Development!!! **** EXTRAS **** The price includes all existing chattels & equipment in the store. A full chattel list will be provided to the buyer upon acceptance of the conditional offer. Lots Of Parking Available In The Plaza And Highly Visible Signage. (id:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located in Oakville's bustling plaza at Dorval & QEW, this Mucho Burrito franchise presents a lucrative opportunity for a hands-on owner to take over a turnkey operation and expand the business. With weekly net sales ranging from $7,000 to $8,000, food costs at 32% to 34%, and labor costs at 20%, this franchise comes with a 5-year lease term and the option to renew for an additional 5 years. The royalty stands at 6% with an additional 4% for marketing, and the business has been operating for 5 years with a positive cash flow in a high-traffic plaza.

Surrounded by anchor tenants such as TD Bank and Starbucks, this franchise is situated in a prime location with both residential and commercial presence, as well as plenty of new development in the area. The equipment and chattels are in excellent condition, and the price includes all existing chattels and equipment in the store, with a full list provided to the buyer upon acceptance of a conditional offer.

Furthermore, the plaza offers ample parking and highly visible signage, making it an attractive and accessible location for customers. The property is fully air conditioned, adding to the comfort and appeal of the space.

In summary, this Mucho Burrito franchise in Oakville's busy plaza presents a golden opportunity for an owner to take over a thriving business, with the potential for growth and success in a prime location with high visibility and strong anchor tenants.