12
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$349,000
Est. payment /mo
Active
1025 Elgin ST W Cobourg, ON K9A 5W4
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UPDATED:
02/15/2025 12:47 AM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Cobourg
MLS Listing ID X9508826
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023. Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week. **EXTRAS** Weekly Sales: Approx $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1,022 sqft.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Interior
Cooling Yes
Listed by HOMELIFE/MIRACLE REALTY LTD