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580 HESPELER Road Unit# B2, Cambridge, Ontario

$399,000

MLS® 40875389

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 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 $4,100 (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! (id:56426)

EJAZ RANA

Listed by RE/MAX REAL ESTATE CENTRE INC.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
256,885
Median household income
$87,000
Median home value
$680,000
Owner-occupied
60%
Homes for sale
3,562
Median list price
$599,900

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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