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$449,000
Available - For Sale
Listing ID: X11888291
66 Strathy Rd , Cobourg, K9A 5X4, Ontario
Mucho Burrito's Cobourg location is available! This Canadian burrito franchise has a great 11 year history at this location just off of Highway 401 in the main shopping hub of Cobourg ON. Profitable with net operating income on top of salaries for ownership. 9-ft commercial hood with 1 walk-in fridge and proven set up. Full training to be provided pending franchisor approval. Royalty rates of 6% + 4%.SmartCentre plaza with tons of parking and AAA tenants. Please do not go direct or speak to staff of ownership.
Extras:   Lease rate of $7,699 Gross Rent including TMI with 3 + 5 years remaining. Currently undergoing upgrades as per franchise requirements. This area is home to many restaurants, retail, banks, and receives customers from the city and highway.
Price $449,000
Taxes: $0
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 66 Strathy Rd , Cobourg, K9A 5X4, Ontario
Postal Code: K9A 5X4
Province/State: Ontario
Lot Size: 416.67 x 398.88 (Feet)
Directions/Cross Streets: Elgin and William
Zoning: Business Commerc
Category: Without Property
Use: Fast Food/Take Out
Building Percentage: N
Total Area: 1,900
Total Area Code:  Sq Ft
Retail Area: 1900
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Business/Building Name: Mucho Burrito
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11-8
Employees #: 5
Seats: 40
LLBO: N
Sprinklers: N
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 600
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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