05-388 Richmond Street West, Toronto | Image 1

05-388 Richmond Street West

Toronto, Waterfront Communities C01

  • Commercial

$380,000
For Sale

Added 3 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C11925681

  • Days on Site: 23 Days

  • Added: Jan 15, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE TERRA REALTY

Prime Downtown Toronto Fresh Burrito Franchise Opportunity High Traffic & Office Hub. Seize the chance to own a successful Fresh Burrito franchise in the bustling core of downtown Toronto! Located at 388 Richmond St W #5, this prime spot benefits from heavy foot traffic, thriving office buildings, and a dynamic urban environment. The area is surrounded by major tech companies, creative firms, and residential high-rises, driving consistent walk-ins and catering opportunities. The franchise enjoys strong, steadily growing monthly sales and is perfectly positioned to capitalize on lunch and dinner rushes from nearby professionals and residents. Affordable rent and a long-term lease ensure stability, while low royalty fees and robust franchise support maximize profitability. With Toronto's downtown continuing to grow as a commercial and residential hub, this turnkey business offers immense potential for expansion and sustained success. Don't miss this rare opportunity to own a thriving franchise in one of Torontos most vibrant and high-demand neighborhoods! **EXTRAS** Monthly Sales - $50,000 + $6500(HST) and growing. Low Monthly Rent - $4531.30 including TMI & HST. Lease - till 2028 + Option to renew for 5 years. Low Royalty Fees and exceptional franchise support

Extras

Monthly Sales - $50,000 + $6500(HST) and growing. Low Monthly Rent - $4531.30 including TMI & HST. Lease - till 2028 + Option to renew for 5 years. Low Royalty Fees and exceptional franchise support

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Waterfront Communities C01

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2025

  • Taxes Type: Annual

Land

  • Cross Street: Richmond St W/Spadin

  • Municipality District: Toronto C01

  • Parcel Number: 214120255

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 900

  • Retail Area Metric: Sq Ft

  • Hours Open: 12

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 3

  • Financial Statement: Y

  • LLBO: N

Map of 05-388 Richmond Street West, Toronto
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