500 Bloor Street
Toronto, M5S 1Y3
FOR SALE
$499,000
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Sale Of Business
CATEGORY 1,500 Sq Ft
RETAIL AREA C13735176
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Property Description
Exceptional 24/7 A&W franchise opportunity in the heart of Toronto's vibrant Annex neighbourhood. Ideally positioned on Bloor Street West, this busy 1,844 sq. ft. location benefits from outstanding pedestrian traffic and proximity to the University of Toronto, schools, offices, residences and the major Mirvish Village development. The restaurant offers seating for 26, strong sales, a loyal customer base and an efficient layout designed for high-volume quick-service operations around the clock. Franchise modernization has been completed to current standards, with no anticipated site upgrades for the next seven years. Currently operated by a hands-off owner, this is a fantastic opportunity for an active owner-operator to reduce management costs and further improve profitability. Full franchisor training and support are available, subject to approval, with royalties of 3.5% plus a 3% advertising contribution. Gross monthly rent is approximately $15,100 inclusive of TMI, plus HST with lease term remaining. Prospective purchasers are expected to have a minimum of 35% of the purchase price available in unencumbered cash and are subject to franchisor approval. A compelling turnkey opportunity backed by one of Canada's most recognized quick-service brands. Please do not go direct or speak with staff.
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Property Details
Address
500 Bloor Street
Community
City
Postal Code
M5S 1Y3
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Business Commercial
Lot Size
44' x 50'
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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