331 BAYFIELD STREET new

Barrie (bayfield),ON L4M3C2

$ 225000

- Bed

- Bath

2000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $112

Subdivision Bayfield

MLS Listing ID S11987549

Originating Board Toronto Regional Real Estate Board

Property 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 ! (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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