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$ 225,000
Est. payment | /mo
$ 225,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Bayfield
MLS Listing ID S12566246
Annual Tax Amount $12,000
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Exciting opportunity to own a well-established Mexican franchise with LLBO in Barrie for just $225k. Located in a prime high-traffic area near Highway 400, this fully operational restaurant boasts strong sales (~$400k in 2023/2024) with excellent growth potential. The business comes with modern kitchen equipment, furniture, and a POS system, plus 350 sqft of additional space to convert into an office. The lease is secure (2+5+5) with a rent of ~$6200/month for 2000 sqft. With room to expand hours and increase marketing, this restaurant has significant evening sales potential, especially with tourists and competitors seeing success after 9pm. The current owner is absentee and looking to relocate. Lunch business is more than 80% of the sales and potential for dinner business is great considering the amount of traffic on the road. AMAZING EXPOSURE !
Location
State ON
County Simcoe
Community Bayfield
Area Simcoe
Interior
Cooling Yes
Exterior
Lot Frontage 178.66
Lot Depth 30.0
Others
ParcelsYN No
Listed by KAPSONS REALTY POINT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "