331 Bayfield Street,Barrie, ON L4M 3C2
Barrie, ON L4M 3C2
Description
Exciting opportunity to own a well-established Mexican franchise with LLBO in Barrie for just $225k. Located in a prime high-traffic area near Highway 400, this fully operational restaurant boasts strong sales (~$400k in 2023/2024) with excellent growth potential. The business comes with modern kitchen equipment, furniture, and a POS system, plus 350 sqft of additional space to convert into an office. The lease is secure (2+5+5) with a rent of ~$6200/month for 2000 sqft. With room to expand hours and increase marketing, this restaurant has significant evening sales potential, especially with tourists and competitors seeing success after 9pm. The current owner is absentee and looking to relocate. Lunch business is more than 80% of the sales and potential for dinner business is great considering the amount of traffic on the road. AMAZING EXPOSURE !
Details
| MLS# | S11987549 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 64 |
| Listing Provided By | KAPSONS REALTY POINT | S11987549 293700 |
Features
| SQ Feet | 2,000 |
|---|---|
| Acreage | 0.05 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe |
| City | Barrie |
| Postal Code | L4M 3C2 |
| Area | Bayfield |
| Listing VS Median (in L4M 3C2) | |
Price: $225,000 low | high Med: $112,500 SqFt: 2,000 low | high Med: 25,829 $ / SqFt: $113 low | high Med: $56 On site: 64 low | high Med: 81.000000 | |