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Renanza Realty
For sale

1335 SIMCOE STREET N

Oshawa (Centennial), Ontario

MLS® E13606200

$99,000

Status
Active
Property type
Business
MLS® number
E13606200
Bedrooms
Bathrooms
2
Year built

Listing description

Excellent opportunity to own a well-established and fully operating Double Double Pizza & Chicken franchise in a high-demand Oshawa location at Simcoe St N & Taunton Rd E. This successful business is located in a busy retail plaza surrounded by residential communities, schools, college campuses, and commercial businesses. Strong school and corporate clientele provide consistent sales and repeat customers.

Approximately 1,202 sq. ft. with very low rent of only $2,925/month including TMI plus HST.

Current lease in place until October 2029 with two additional 5-year renewal options available. Monthly sales average approximately $25,000-$30,000. Weekly school orders average approximately $1,800-$2,000, with additional corporate and retail customer sales from nearby businesses and plaza traffic.

Business operates under the recognized Double Double Pizza & Chicken franchise and will continue as the same franchise. Existing seating for 4 customers. Open 7 days a week with extended late-night hours.

Utilities average approximately $950/month. The store holds a clean Durham Region Green Pass Certificate. No hot water rental contracts.

LLBO not currently in place, however there is strong potential for the new buyer to apply for liquor licensing, creating additional growth opportunities. Franchise transfer fee is applicable, with the Seller and Buyer each responsible to pay $12,500 + HST. Reason for sale is lack of time to manage due to ownership of another business.

Immediate possession available. Great turnkey opportunity for owner-operators, families, or investors looking to step into a growing franchise business with established customer base and future potential.

Property summary

MLS® number
E13606200
Property type
Business
Square footage
1,202 sq ft
Land size
Bldg=80.93 x 193.18 FT
Days on market
32 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $99,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$461 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, MISSISSAUGA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.