110 King Street E, Hamilton | Image 1

110 King Street E

Hamilton, Beasley

  • Commercial

$269,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 15525

  • MLS®#: X11963909

  • Days on Site: 27 Days

  • Added: Feb 07, 2025 (2 months ago)

  • Updated:

  • Last Checked: 1 month ago

  • 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

Map of 110 King Street E, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.92 km
JK-5

Central Junior Public School

Elementary: Public
0.66 km
JK-8

Hess Street Junior Public School

Elementary: Public
1.15 km
JK-8

Bennetto Elementary School

Elementary: Public
1.42 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.55 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
0.79 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.49 km
9-12

Turning Point School

Secondary: Public
0.37 km
9-12

École secondaire Georges-P-Vanier

Secondary: Public
2.55 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.02 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
0.81 km
9-12

Cathedral High School

Secondary: Catholic
1.08 km
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