$249,900
For sale: Other

Excellent Turnkey Franchised Business Opportunity BarBurrito located in a high-traffic plaza in Oakville. Surrounded by a mature residential neighbourhood with anchor tenants such as Food Basics, Shopper Drug Mart. Proximity to schools, QEW, and numerous residential developments provides steady walk-in traffic and potential for growth. This well-established fast-casual restaurant boasts high monthly sales of approximately $44,000 with monthly rent of $7,200 (Incl. TMI & HST). Utility costs are approximately: $1,000-$1,200/month. Franchise fees include 6.0% royalty and 1.25% advertising. Long-term lease in place Store size approx. 1,300 sq.ft. Well-maintained, fully equipped kitchen and dining area with a strong customer base and opportunity to increase revenue through catering.
Sold data
Homes in Oakville (QE Queen Elizabeth) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 652 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $1,249,950.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 652 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (QE Queen Elizabeth) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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