Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | Studio |
| Pets: | Pets No |
Financials
Price:C119,000
($84,853)
(€73,308)
An established and profitable pizza shop is available for sale in a prime Scarborough locationfor only 119, 000.
Description
An established and profitable pizza shop is available for sale in a prime Scarborough locationfor only $119,000. Situated in a busy plaza near the intersection of Kingston Road andBirchmount Road, this business benefits from excellent visibility and steady foot traffic inthe Birchcliffe-Cliffside community. The monthly rent is $3,000, inclusive of TMI, with fiveyears remaining on the lease and an additional five-year renewal option available.According to the seller, the business generates approximately $300,000 in annual sales with ahealthy 30% net profit margin. The sale includes all essential kitchen equipment, ovens,fridges, and furnishings, making it a turnkey opportunity ready for a new owner to bring intheir own brand (note: the business name is not included in the sale). This is a fantasticopportunity for an experienced operator or a family looking to run a successful,income-generating venture in a high-demand area.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
