580 HESPELER Road Unit# B2
Cambridge, Ontario
MLS® 40844865
$469,900
- Status
- Active
- Property type
- Business
- MLS® number
- 40844865
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing description
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 $ 14,000 to $ 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 $4,000. 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!
Property summary
- MLS® number
- 40844865
- Property type
- Business
- Days on market
- 60 days
Features & details
- Basement
- None
- Community features
- High Traffic Area
What would this home cost you?
Based on the $469,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., CAMBRIDGE.
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.