Cobourg, ON K9A 5W4,1025 Elgin ST W
Cobourg, ON K9A 5W4,1025 Elgin ST W
Cobourg, ON K9A 5W4,1025 Elgin ST W
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$349,000
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1025 Elgin ST W Cobourg, ON K9A 5W4

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UPDATED:

02/10/2025 03:56 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Cobourg

MLS Listing ID X9508826

Tax Year 2024

Property Description

Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023. Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week. **EXTRAS** Weekly Sales: Approx $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1,022 sqft.

Location

Province ON

County Northumberland

Community Cobourg

Area Northumberland

Zoning Commercial

Interior

Cooling Yes

Exterior

Parking Features Plaza

Building

Lot Description Lot


Lited by HOMELIFE/MIRACLE REALTY LTD

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agent

Jeff Othen

Operator

+1(647) 296-5605

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1025 Elgin ST W