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$ 169,000
Est. payment /mo
Price Dropped by $56K
331 BAYFIELD STREET Barrie (bayfield), ON L4M3C2
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Bayfield
MLS® Listing ID S12566246
Source Toronto Regional Real Estate Board
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 ! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other, Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by KAPSONS REALTY POINT