$575,000
Available - For Sale
Listing ID: X12644142
580 Hespeler Road , Cambridge, N1R 2J8, Waterloo
| 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 15,000 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! |
| Price | $575,000 |
| Taxes: | $1167.91 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 580 Hespeler Road , Cambridge, N1R 2J8, Waterloo |
| Postal Code: | N1R 2J8 |
| Province/State: | Waterloo |
| Legal Description: | 1983434 Ontario Inc. |
| Directions/Cross Streets: | Hespeler Rd / Langs Dr |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Pizzeria |
| Building Percentage: | F |
| Total Area: | 1165.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 11 |
| Employees #: | 3 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX REAL ESTATE CENTRE INC. |
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Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $1,167.91 |
| Fireplace: | N |
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