Price: $399,000

#D10.1 - 55 Ontario Street, Milton, ON L9T 2M3

Excellent Turned Key Fat Bastard Burrito Business For Sale In Milton Mall. Located At The Busy Intersection Of Ontario St South & Main St East. Highly Visible And Milton's Highest Traffic Location. Minutes Away From Milton Public Library - Main Branch, Golf Club, High School, Escarpment View Park & Much More. Great Opportunity To Own A Successful And Profitable Burrito Store! Excellent Volume Burrito Store Located In A Very Busy Plaza. Current Owner Had Newly Built This Location And It Has Been Performing Well & Growing Since It Started In 2021. Excellent Current Sales. Weekly Sales: Approx. $10,500-$11,000, Low Rent Of Approx. $4,600 Monthly With Pylon Sign (Inc. TMI), Long Lease With 7 Years + 5 Years + 5 Years Option To Renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 4 PT. Not To Be Missed! Open 7 Days A Week. **EXTRAS** Weekly Sales: Approx. $10,500-$11,000, Low Rent Of Approx. $4,600 Monthly With Pylon Sign (Inc. TMI), Royalty: 8%, Advertising: 2%, Labour Cost: 20%, and Store Area: 1080


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1210 Square Feet

List Price

$399,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Milton, ON

Status

Pending

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

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All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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