15
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$575,000
Est. payment /mo
New
580 Hespeler RD #B2 Cambridge, ON N1R 2J8
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12644142
Annual Tax Amount $1,167
Tax Year 2025
Property Sub-Type Sale Of Business
Property 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 $16,000 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!
Location
Province ON
County Waterloo
Area Waterloo
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Others
ParcelsYN No
Listed by RE/MAX REAL ESTATE CENTRE INC.
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