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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Cambridge Industrial Park
B2 - 580 HESPELER ROAD
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B2 - 580 HESPELER ROAD $575,000
11 hours ago
$575,000
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B2 - 580 HESPELER ROAD
Cambridge, Ontario N1R2J8

MLS® Number: X12644142

Listing 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 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! (41841669)

Location Description

Cross Streets: Hespeler Rd / Langs Dr. ** Directions: Hespeler Rd.

Property Summary

Property Type
Business
Annual Property Taxes
$1,167.91
Time on REALTOR.ca
11 hours

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Pizza shop)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
1165 sqft

Land

Other Property Information
Zoning Description
C-4
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BILL CHAHAL