$699,000 FOR SALE

Franchise Business for Sale

Restaurant

Total Area: 900 ft2

33 University Ave
Toronto, ON M5J 2S7 | Bay Street Corridor

Established Business/Commercial Area. Wonderful Turn Key Operation. Great Opportunity To Get Into The Most Recognized Sub Franchise W/ The Most Sub Stores! Located In A Highly Desirable Area Toronto! Low Rent. Very, High Sales! Excellent High Traffic Location, With Excellent High End Customers. Great Added Value! Surrounded By Business/Commercial Buildings! New Development In The Area, Low Labour Cost! Prime Location! *Ttc Weekly Catering Contract In Place.*.

Extras
Sales Aprox $700,000/Year, Rent $4800 (Includes Tmi), Long Lease 1.5 Yrs + (2) 5 Yr Opt, Hydro Aprox $1K/Mth, Royalty 8%, Marketing 4.5%, Labour Aprox 20%, Accounting Aprox $250/ Mth, Phone Internet $60/ Mth, Food Cost Aprox 31%.

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Listed By HOMELIFE GALAXY REAL ESTATE LTD., Brokerage
MLS® Listing Number C4055246
Last Updated Jul 22, 2019
Property Summary
Property Type Business For Sale
Use Restaurant
Franchise Franchise
Business/Building Name Subway Restaurant
Category Without Property
Legal Description Subway Restaurant
Occupancy Owner
Possession Date Tbd
Directions/Cross Streets University Ave & Wellington
Community Bay Street Corridor
Area Toronto
Price History
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Detailed Information
Freestanding N
Retail Area 900 ft2
Total Area 900 ft2
Approximate Age 16-30
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Days Open 7
Hours Open 24 Hrs
LLBO N
Employees 6
Heat Type Elec Forced Air
Financial Statement Y
Expenses Actual/Estimated Est
Area Influences Public Transit, Subways
Seats 20
Sprinklers Y
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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