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$349,900 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
99%
An incredible opportunity to own a Franchise business in prime plaza location with low rent, upgraded and well-established Bar Burrito franchise in the highly desirable and high-traffic Kendal wood Park Plaza in Whitby! Strategically located in a busy commercial plaza surrounded by established residential neighborhoods, this business benefits from excellent exposure, consistent customer traffic and strong community presence. The plaza is home to major national retailers including Fresco, The Beer Store, Dollarama and Shoppers Drug Mart, generating excellent daily foot traffic and attracting customers from the surrounding community. This spacious corner unit offers approximately 860 sq. ft. of well-maintained space, featuring 8customer seating capacity, plenty of convenient front and side parking, and an efficient layout. Enjoy the advantage of exceptionally low rent at just $2,480 + TMI per month, making this an attractive opportunity for an owner-operator. Established 10-year lease with approximately 7 years remaining, subject to franchisor and landlord approval, providing long term operating security. Reasonable franchise royalty and advertising fees add to the appeal. A turnkey business with an established customer base, strong sales, equipment's and franchise standards already in place. Open 7 days a week, with additional potential to increase revenue through focused marketing, catering, delivery services and continued business growth. Whether you are an entrepreneur looking to become your own boss, an investor seeking an established business, or a couple looking to operate a business together, this is an opportunity you won't want to miss! Don't miss this opportunity to own a recognized franchise in an outstanding Whitby location! PLEASE DO NOT APPROACH STAFF OR VISIT THE BUSINESS WITHQUESTIONS. All inquiries and appointments must be arranged directly through the listing brokerage. (id:66811)
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Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$6K
Cash-on-cash
5.27%
DSCR
1.29
Going-in cap
7.12%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
92,008
Households
34,200
Median income
$77,000
Median age
43.3
Daytime population
149,978
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 20A - 1801 DUNDAS STREET E, Whitby (Blue Grass Meadows).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.