580 Hespeler Road B2, Cambridge, ON N1R 2J8

Cambridge N1R 2J8 Ontario

MLS: X12644142

$575,000

Added 18 days ago | For Sale

Listed by: RE/MAX REAL ESTATE CENTRE INC.

About Property

Unique opportunity to own a well-established, money-making City Pizza franchise is now up for grabs in a prime location in the heart of Cambridge, Ontario. This is not just another pizza shop it's store with impressive sales and a loyal customer base. Store has high weekly Sales volume of approximately Average $16,000 a week and further opportunity to grow the sales. The strong revenue stream from day one means you're investing in a proven business model with healthy cash flow. The restaurant benefits from a central location and the current owner has built a strong base of repeat customers over the years. Attracting a steady flow of local residents and business clients, ensuring steady walk-in customers and brand visibility. Regular orders come from nearby local businesses and institutions including car dealerships, factories, schools, and even the local hospital. The business is also integrated with Uber Eats, DoorDash, Skip The Dishes. These bulk and repeat orders are a testament to the store's excellent reputation and service. When you take over, you'll inherit loyal customers who already love the product, providing you with reliable income from day one. Enjoy a low monthly rent of $3,976.78 (TMI and HST included), which keeps overhead costs down and boosts your profit margin. The business operates in a leased premises with approx 4 years remaining on the lease, plus an option to renew for 5 years. This turn-key pizza business is the opportunity for you. Don't miss this chance to take over a proven operation and make it your own!

Features

  • House Style:Sale Of Business
  • Bathrooms:
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  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
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  • Cross Street:Hespeler Rd / Langs Dr
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $1167.91
  • Bedrooms:
  • Total Parking Spaces:
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  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12644142

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