Price ChangeFor Sale

331 Bayfield Street
Barrie, Simcoe, ON, L4M 3C2

Sale Of Business
TRREB
MLS® Number: S12566246
$169,000List Price
Sale Of BusinessProperty Type
178.66 x 30Lot Size
$12,000 / 2024Taxes (TMI)
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PRICE CHANGED
$169,000
Previously Listed For:
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Property Location

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Listing History

Buy/sell history for 331 Bayfield Street, Barrie, ON L4M 3C2

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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 !

Features

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Amenities

No amenities available

Summary

Tax (TMI):$12,000 / 2024
Listing #:S12566246
Property Type:Sale Of Business
Land Size:178.66 x 30
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:KAPSONS REALTY POINT

Rooms

Details

Property

Property Type:Sale Of Business
Community:Bayfield
Municipality:Simcoe

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Other

Land

Cross Street:Bayfield and 401

$169,000

List price

331 Bayfield Street, Barrie – Sale Of Business for sale · MLS® # S12566246