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1025 Elgin ST Cobourg, ON K9A 5W4
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Key Details
Sold Price $275,000
Property Type Commercial
Sub Type Sale Of Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,022 sqft
Price per Sqft $269
Subdivision Cobourg
MLS Listing ID X12188954
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.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Zoning Commercial
Interior
Cooling Yes
Exterior
Parking Features Plaza
Building
Lot Description Lot
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