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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Fast Food/Take Out
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Zoning: Business Commerc
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Age: No Data
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MLS®#: X11888291
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Added: Dec 10, 2024 (6 days ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: ROYAL LEPAGE SIGNATURE REALTY
Mucho Burrito's Cobourg location is available! This Canadian burrito franchise has a great 11 year history at this location just off of Highway 401 in the main shopping hub of Cobourg ON. Profitable with net operating income on top of salaries for ownership. 9-ft commercial hood with 1 walk-in fridge and proven set up. Full training to be provided pending franchisor approval. Royalty rates of 6% + 4%.SmartCentre plaza with tons of parking and AAA tenants. Please do not go direct or speak to staff of ownership.
Extras
Lease rate of $7,699 Gross Rent including TMI with 3 + 5 years remaining. Currently undergoing upgrades as per franchise requirements. This area is home to many restaurants, retail, banks, and receives customers from the city and highway.
Property
Status: Sale
Type: Fast Food/Take Out
Property Type: Sale Of Business
Property Type: Without Property
Area: Cobourg
Community: Cobourg
Availability Date: TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Volts: 600
Amps: 200
Parking
Garage Type: Plaza
Covered Parking Spaces: 100
Fees
Tax Year: 2023
Taxes Type: T.M.I.
Land
Cross Street: Elgin and William
Municipality District: Cobourg
Sewer: San+Storm
Lot Depth: 398.88 Feet
Lot Frontage: 416.67 Feet
Zoning: Business Commerc
Commercial Specific
Number of Employees: 5
Rail: N
Retail Area: 1900
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 1900
Total Area Metric: Sq Ft
Hours Open: 11-8
Area Influence: Major Highway
Area Influence: Rec Centre
Days Open: 7
Franchise: Y
Tangible Property Included: Y
Crane: N
Lot Code: Lot
Survey: N
Seats: 40
Soil Test: N
Business/Building Name: Mucho Burrito
Financial Statement: Y
LLBO: N
St. Joseph Catholic Elementary School
Elementary: CatholicDale Road Senior School
Elementary: PublicSt. Michael Catholic Elementary School
Elementary: CatholicBurnham School
Elementary: PublicNotre Dame Catholic Elementary School
Elementary: CatholicTerry Fox Public School
Elementary: PublicPeterborough Collegiate and Vocational School
Secondary: PublicPort Hope High School
Secondary: PublicKenner Collegiate and Vocational Institute
Secondary: PublicHoly Cross Catholic Secondary School
Secondary: CatholicSt. Mary Catholic Secondary School
Secondary: CatholicCobourg Collegiate Institute
Secondary: Public
