$299,000
Available - For Sale
Listing ID: X12449923
295 WELLINGTON STREET UN N/A , Bracebridge, P1L 1P3, Muskoka
| This 1,842 sq. ft. quick-service restaurant in Bracebridge offers seating for 32 guests and stands as one of the largest QSR establishments in the area with exceptionally low rent of only $3,745.40 per month. Located at the gateway to Muskoka, it benefits from high visibility and consistent year-round traffic. The restaurant operates with strong financial performance maintaining labor costs between 17% and 20%, food costs around 35%, and a 6% royalty plus 3% advertising fee resulting in a profitable operation with healthy margins. It generates high sales with low overhead, making it ideal for a hands-on family or owner-operator. Fully equipped and turnkey, the business presents tremendous growth potential through increased marketing or extended hours. The lease offers flexibility with options available for up to 14 years, providing long-term stability and peace of mind for the next operator. This is a rare opportunity to own a well-established and highly profitable restaurant in one of Ontario's most recognized destinations. |
| Price | $299,000 |
| Taxes: | $1442.90 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 295 WELLINGTON STREET UN N/A , Bracebridge, P1L 1P3, Muskoka |
| Postal Code: | P1L 1P3 |
| Province/State: | Muskoka |
| Legal Description: | N/A |
| Directions/Cross Streets: | Monk Rd and Wellington Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 1842.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Mucho Burrito |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 10:30 |
| Employees #: | 1 |
| Seats: | 32 |
| Sprinklers: | No |
| Washrooms: | 1 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| RE/MAX ULTIMATE REALTY INC. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Muskoka |
| Municipality: | Bracebridge |
| Neighbourhood: | Monck (Bracebridge) |
| Tax: | $1,442.9 |
| Baths: | 1 |
| Fireplace: | N |
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