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    Data was last updated 2023-11-09 at 16:00:22 GMT
    $465,000

    D10.1 55 Ontario St S   Milton, Ontario

    MLS®: W6669342
    URL:    
    Great location. Exterior pod location at Milton's major mall in one of Ontario's fastest-growing communities on the western edge of the Greater Toronto Area. Highly visible and Milton's highest traffic location at the intersection of Main and Ontario Streets. The Milton Mall location is the focus of Milton's central business district. This store opened in May 2021 & enjoyed net sales of $740,000+ in 2022 and continues to grow. Short hours Sunday to Thursday 11 am - 10 pm. Friday and Saturday until 11 pm. Labour is only 120 - 125 hours/week.  Reasonable rent of less than $3,500/month net with 7 years + 2 x 5-year options remaining. A very popular and in-demand menu. High sales, reasonable rent, low food costs and low labour costs lead to high profitability. Customers love the food.  2 large new condominium buildings are under construction adjacent to the property. If visiting without an appointment, please go as a customer and don't speak to staff. Thank you.
    Great location. Exterior pod location at Milton's major mall in one of Ontario's fastest-growing communities on the western edge of the Greater Toronto Area. Highly visible and Milton's highest traffic location at the intersection of Main and Ontario Streets. The Milton Mall location is the focus of Milton's central business district. This store opened in May 2021 & enjoyed net sales of $740,000+ in 2022 and continues to grow. Short hours Sunday to Thursday 11 am - 10 pm. Friday and Saturday until 11 pm. Labour is only 120 - 125 hours/week. Reasonable rent of less than $3,500/month net with 7 years + 2 x 5-year options remaining. A very popular and in-demand menu. High sales, reasonable rent, low food costs and low labour costs lead to high profitability. Customers love the food. 2 large new condominium buildings are under construction adjacent to the property. If visiting without an appointment, please go as a customer and don't speak to staff. Thank you.

    Listing Information

    Prop. Type:
    Sale Of Business
    City:
    Milton
    Status:
    Active
    MLS® Number:
    W6669342
    Neighbourhood:
    Old Milton
    Area:
    Halton
    Province:
    Ontario
    Listing Date:
    Jul 12, 2023
    Listing Price:
    $465,000
    Taxes:
    $12,043
    Apartment Number:
    D10.1
    List Price Code:
    For Sale

    General Information

    Tax Type:
    T.M.I.
    Lot Code:
    Unit
    Fin. Statements Available:
    Y
    Franchise?:
    Y
    Seats:
    10
    Possession Terms:
    IMM - TBA
    Tax Year:
    2023

    Additional Information

    Heating Type:
    Gas Forced Air Closd
    Chattels:
    Y
    Basement Description:
    N
    Extras:
    Gross rent of $4,582.30/month includes TMI and als
    Garage Type:
    Outside/Surface

    Financial Information

    Employees:
    4
    Days Open:
    7
    Hours Open:
    Varies

    Land Information

    Water Service:
    Municipal

    Other Information

    Business Type:
    Fast Food/Take Out
    Business Name:
    Fat Bastard Burrito Co
    Property Type:
    Without Property
    Air Conditioning:
    Y
    Zoning:
    Commercial
    Seller Info Statement:
    N

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    This property is listed by Franmax Inc. and provided here courtesy of Frank Leo. For more information or to schedule a viewing please contact Frank Leo.
    Frank Leo
    Remax West Realty Inc.
    Phone: 416-917-5466
    Mobile Phone: 416-917-5466
    Inquire Via Email
    The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.