$349,900
For sale: Other

An incredible opportunity to own a Franchise business in prime plaza location with low rent, upgraded and well-established Bar Burrito franchise in the highly desirable and high-traffic Kendal wood Park Plaza in Whitby! Strategically located in a busy commercial plaza surrounded by established residential neighborhoods, this business benefits from excellent exposure, consistent customer traffic and strong community presence. The plaza is home to major national retailers including Fresco, The Beer Store, Dollarama and Shoppers Drug Mart, generating excellent daily foot traffic and attracting customers from the surrounding community. This spacious corner unit offers approximately 860 sq. ft. of well-maintained space, featuring 8customer seating capacity, plenty of convenient front and side parking, and an efficient layout. Enjoy the advantage of exceptionally low rent at just $2,480 + TMI per month, making this an attractive opportunity for an owner-operator. Established 10-year lease with approximately 7 years remaining, subject to franchisor and landlord approval, providing long term operating security. Reasonable franchise royalty and advertising fees add to the appeal. A turnkey business with an established customer base, strong sales, equipment's and franchise standards already in place. Open 7 days a week, with additional potential to increase revenue through focused marketing, catering, delivery services and continued business growth. Whether you are an entrepreneur looking to become your own boss, an investor seeking an established business, or a couple looking to operate a business together, this is an opportunity you won't want to miss! Don't miss this opportunity to own a recognized franchise in an outstanding Whitby location! PLEASE DO NOT APPROACH STAFF OR VISIT THE BUSINESS WITHQUESTIONS. All inquiries and appointments must be arranged directly through the listing brokerage.
Sold data
Homes in Blue Grass Meadows took a median of 16 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 31, across 113 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.
The median sale price was $899,000.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 113 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Whitby (Blue Grass Meadows) has 38 Fraser Institute–rated schools (30 elementary and 8 secondary), averaging 7.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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