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Existing Cash Flowing Downtown Toronto Mexican Franchise For Sale

Toronto, Ontario, Canada
Asking Price:
$329,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$644,000 (CAD)
Cash Flow:
$104,000 (CAD)

Excellent opportunity for one to step into an existing cash flowing fresh Mexican franchise business in downtown Toronto.

This location is in a prime location in downtown and produced $644k in sales last year. Owners discretionary income last year was $104k.

Price $329k and is just over a 3 times multiple.

Rent $7k a month and this prime location been open for 7 years. There is a long term lease in place with over 7 remaining with an option to renew.

Inquire for more details.

Property Information

Real Estate:

Lease

Lease Terms:

7 years remaining with an option to renew

Leasehold Rent:

$7,000 (CAD) per annum

Location:

Downtown Toronto street front location

Premises Details:

Inquire for more details

Business Operation

Competition / Market:

Minimal for Mexican fast food

Reasons for selling:

Inquire for more details and one must sign an NDA before releasing financial details

Trading hours:

Inquire for more details

Employees:
9
Years established:
2012

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Inquire for more details

Other Information

Support & training:

Excellent local support and training and ongoing support for franchise partners.

Financing available:

Yes can assist with the small business loan and one needs to have $160k down to qualify.

Contact Information

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