BURRITO BOYZ - one of the top Mexican food franchise restaurants for sale. Located in the Plaza at the busy intersection of Upper James & Stone Church Rd, close to the Hwy 403 and Lincoln Alexander Pwky. The Burrito Boyz is surrounded by many commercial plazas and residential buildings. The current owner has started this store in 2021 and now successfully reached close to $1 MILLION NET in Sales Revenue with 50% in-store Sales and 50% third party Sales. Some important INFO provided by the SELLER: SQ FT: 2093. RENT + TMI =$6,079. One of the Lowest ROYALTY FEES : ONLY 2% (1.5%Royalty + 0.5% Mkt). FOOD COST is 35% and LABOUR COST is 28%. Current LEASE is valid till 2031 + option to RENEW 5yr + 5yr. Sales was close to $1M in 2023 and now sales is increasing month over month compared to 2023, current WEEKLY SALES is about $20,000. NET PROFIT : over $100,000. The BUYER to verify the accuracy of all info provided here in this listing during the conditional period of the Offer.
