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5 388 Richmond Street W
Waterfront Communities C1 Toronto M5V 3P1

$380,000 /For Sale
Commercial

Main Photo: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 1: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 2: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 3: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 4: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 5: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 6: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 7: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Photo 8: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C11925681
Bus Major:
Restaurant
Prime Downtown Toronto Fresh Burrito Franchise Opportunity High Traffic & Office Hub. Seize the chance to own a successful Fresh Burrito franchise in the bustling core of downtown Toronto! Located at 388 Richmond St W #5, this prime spot benefits from heavy foot traffic, thriving office buildings, and a dynamic urban environment. The area is surrounded by major tech companies, creative firms, and residential high-rises, driving consistent walk-ins and catering opportunities. The franchise enjoys strong, steadily growing monthly sales and is perfectly positioned to capitalize on lunch and dinner rushes from nearby professionals and residents. Affordable rent and a long-term lease ensure stability, while low royalty fees and robust franchise support maximize profitability. With Toronto's downtown continuing to grow as a commercial and residential hub, this turnkey business offers immense potential for expansion and sustained success. Don't miss this rare opportunity to own a thriving franchise in one of Torontos most vibrant and high-demand neighborhoods! **EXTRAS** Monthly Sales - $50,000 + $6500(HST) and growing. Low Monthly Rent - $4531.30 including TMI & HST. Lease - till 2028 + Option to renew for 5 years. Low Royalty Fees and exceptional franchise support
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
900 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto C01
Waterfront Communities C1
Toronto
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
12
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
3
Date Listed:
Jan 15, 2025
Original Price:
Previous Price:
  • Photo 1: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 2: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 3: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 4: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 5: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 6: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 7: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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  • Photo 8: 5 388 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C11925681
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Listed by ROYAL LEPAGE TERRA REALTY
Data was last updated March 28, 2025 at 10:15 PM (UTC)
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