1025 Elgin Street West, Cobourg | Image 1

1025 Elgin Street West

Cobourg, Cobourg

  • Commercial

$349,000
For Sale

Added 4 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X9508826

  • Added: Oct 24, 2024 (4 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

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.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Cobourg

  • Community: Cobourg

  • Availability Date: Immediately

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Burnham St & Elgin S

  • Municipality District: Cobourg

  • Parcel Number: 510890114

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 1022

  • Retail Area Metric: Sq Ft

  • Hours Open: 11-10

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 6

  • Financial Statement: Y

  • LLBO: N

Map of 1025 Elgin Street West, Cobourg
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