Jag Patel
Broker
$499,999
Available - For Sale
Listing ID: X12891044
200 Preston Parkway , Cambridge, N3H 5N1, Waterloo
| Looking to step into the highly profitable restaurant industry? This is your chance. We are proud to present an outstanding opportunity to acquire a well-established Pizza Depot franchise. This business offers exceptional value with several key advantages. Strategically located in the vibrant Preston neighbourhood,just minutes from Highway 401 and Conestoga College, the location benefits from excellent visibility and accessibility. The area is further enhanced by close proximity to a Soccer Stadium,Four Points by Sheraton Hotel, and nearby schools, all contributing to consistent foot traffic and a strong customer base.The upcoming Light Rail expansion to Cambridge is expected to further increase accessibility and long-term growth potential.The restaurant is fully equipped with high-quality equipment,ensuring efficient and seamless operations.Pizza Depot features a diverse and popular menu, offering freshly made handcrafted pizzas along with sides such as fries, sandwiches, and desserts, appealing to a wide range ofcustomers.Financially, the business demonstrates strong performance, generating average weekly sales ofapproximately $15,000-$17,000, with significant upside potential.An added advantage is the very attractive rent of only $3,044.50 per month, inclusive of taxes, maintenance,and water. This is a true turnkey opportunity in a busy plaza surrounded by rapidly growing residential developments, benefiting from strong foot traffic and a loyal clientele.The premises aremeticulously maintained and includes all necessary chattels for smooth and immediate transition forthe new owner.Chattels list provided with offer. Inventory is not included in purchase price.Ideal for both first-time buyers and experienced operators, this opportunity comes with trainingand transition support, enabling you to start generating income from day one. The current owner is also planning to introduce an ice cream booth, adding an additional revenue stream and attracting more customers |
| Price | $499,999 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 200 Preston Parkway , Cambridge, N3H 5N1, Waterloo |
| Postal Code: | N3H 5N1 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Shantz Rd And Preston Pkwy |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Pizzeria |
| Building Percentage: | F |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | Sunday |
| Employees #: | 5 |
| Seats: | 15 |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| 427 REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Baths: | 2 |
| Fireplace: | N |
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