













1/15738 BURLOAK Drive Unit# 1, Burlington, ON L7L0B1
$299,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Great Opportunity To Own A Well-established Franchise Restaurant In A Prime Burlington Location! This Thriving Business Is Strategically Located In A Busy, High-traffic Plaza Surrounded By Residential Neighborhoods, And other major Amenities offering Excellent Exposure And Walk-in Traffic. The Restaurant Features A Fully Equipped, Modern Kitchen with Approximately two 6 ft Hoods, walk-in cooler and High-quality Appliances. Rent $10508.90including HST , SQ FT Approximately 1953 sq ft , Royalty 6%, , Remaining lease 10 years And Minimal Overhead Make This An Extremely Attractive And Sustainable Business. Ample Parking And Great Signage Visibility Contribute To Ongoing Customer Growth And Retention. The Business Benefits From A Loyal Customer Base, Positive Word-of-mouth, Strong Franchise support, And Growing Demand In The Area. Full Training And Transitional Support Will Be Provided To Ensure A Smooth Handover To The New Owner. Whether You're An Experienced Restaurateur Or A Motivated Entrepreneur, This Is A Rare Chance To Take Ownership Of A Successful Food Operation In One Of Burlington Most Desirable Commercial Areas. Can be converted into another Brand. Don't Miss Out opportunities Like This Are Rare! Call listing agent to book your showings. (id:66811)
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Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$804
Cash-on-cash
0.90%
DSCR
1.05
Going-in cap
5.81%
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
60,952
Households
25,721
Median income
$110,000
Median age
31.9
Daytime population
56,219
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 738 BURLOAK Drive Unit# 1, Burlington.
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.