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$ 269,000
Est. payment /mo
Active
110 King St E N/A Hamilton, ON L8N 1A8
UPDATED:
02/19/2025 07:15 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Beasley
MLS Listing ID X11963909
Annual Tax Amount $15,525
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Own A Thriving Mucho Burrito Franchise In Downtown Hamilton! This Is A Fantastic Opportunity To Own A Fully Equipped Canadian Fast-Casual Mexican Restaurant Franchise (Mucho Burrito) That Specializes In Made-To-Order Burritos, Tacos, Quesadillas, And Other Tex-Mex-Inspired Dishes. Located In A Prime Downtown Hamilton Location On King St. E. And John St. S., This Restaurant Benefits From High Foot Traffic And Excellent Street Exposure. This Location Offers Dine-In, Take-Out, Catering Services, And Delivery Through Uber Eats And SkipTheDishes, Providing Multiple Revenue Streams. The Kitchen Is Fully Equipped With Commercial-Grade Appliances, Including A 6-Inch Hood. All Equipment Was Purchased Brand New In 2021 And Is Fully Owned. The Restaurant Was Fully Renovated Before Occupancy, With Significant Investments Made In Leasehold Improvements. A Security System With Cameras Is Also In Place For Added Protection. The Space Is 1,250 Sq. Ft. With Seating For 27 Guests. A Long-Term Lease Is Available, Ensuring Business Stability. Enjoy A Low Monthly Rent Of $5,650, Including TMI And HST. The existing lease has seven (7) years remaining on its term, with two (2) renewal options of five (5) years each, Making This An Attractive Investment Opportunity. This Turnkey Operation Is Ideal For Entrepreneurs Looking To Step Into A Ready-To-Operate Business With Excellent Growth Potential.
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Interior
Cooling Yes
Listed by EXP REALTY