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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: Commercial
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Age: No Data
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Taxes: 15525
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MLS®#: X11963909
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Days on Site: 27 Days
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Added: Feb 07, 2025 (1 month ago)
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Updated:
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Last Checked: 2 weeks ago
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Listed By: EXP REALTY
Own A Thriving Mucho Burrito Franchise In Downtown Hamilton! This Is A Fantastic Opportunity To Own A Fully Equipped Canadian Fast-Casual Mexican Restaurant Franchise (Mucho Burrito) That Specializes In Made-To-Order Burritos, Tacos, Quesadillas, And Other Tex-Mex-Inspired Dishes. Located In A Prime Downtown Hamilton Location On King St. E. And John St. S., This Restaurant Benefits From High Foot Traffic And Excellent Street Exposure. This Location Offers Dine-In, Take-Out, Catering Services, And Delivery Through Uber Eats And SkipTheDishes, Providing Multiple Revenue Streams. The Kitchen Is Fully Equipped With Commercial-Grade Appliances, Including A 6-Inch Hood. All Equipment Was Purchased Brand New In 2021 And Is Fully Owned. The Restaurant Was Fully Renovated Before Occupancy, With Significant Investments Made In Leasehold Improvements. A Security System With Cameras Is Also In Place For Added Protection. The Space Is 1,250 Sq. Ft. With Seating For 27 Guests. A Long-Term Lease Is Available, Ensuring Business Stability. Enjoy A Low Monthly Rent Of $5,650, Including TMI And HST. The existing lease has seven (7) years remaining on its term, with two (2) renewal options of five (5) years each, Making This An Attractive Investment Opportunity. This Turnkey Operation Is Ideal For Entrepreneurs Looking To Step Into A Ready-To-Operate Business With Excellent Growth Potential.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Hamilton
Community: Beasley
Availability Date: Flexible
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Elec Forced Air
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2025
Tax Legal Description: WSCP 602 Level 1 Unit 1
Taxes: $15,525
Taxes Type: T.M.I.
Land
Cross Street: King St. E. and John
Municipality District: Hamilton
Parcel Number: 171670072
Zoning: Commercial
Commercial Specific
Number of Employees: 3
Retail Area: 1250
Retail Area Metric: Sq Ft
Hours Open: 13
Franchise: Y
Tangible Property Included: Y
Lot Code: Building
Seats: 27
Financial Statement: Y
LLBO: N
St. Patrick Catholic Elementary School
Elementary: CatholicCentral Junior Public School
Elementary: PublicHess Street Junior Public School
Elementary: PublicBennetto Elementary School
Elementary: PublicDr. J. Edgar Davey (New) Elementary Public School
Elementary: PublicQueen Victoria Elementary Public School
Elementary: PublicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicÉcole secondaire Georges-P-Vanier
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicCathedral High School
Secondary: Catholic
