501 Towerhill Road , Peterborough, ON K9H 7S3
Peterborough, ON K9H 7S3
Description
This business, under family ownership since 2009, is a prime opportunity poised for immediate profitability. Situated in a bustling plaza in a burgeoning neighborhood, it has weathered economic challenges, proving its resilience. With indoor and outdoor seating, including a stellar patio, attracting a diverse crowd. Securing the lease until 2030 with favorable terms adds to its appeal, with the flexibility to adjust the menu and pricing.It's a thrilling prospect waiting for the right investor to seize. The seller is committed to facilitating a seamless transition, offering training to ensure buyers hit the ground running and a fully trained staff allowing new ownership to turn key and start profiting. Extensive updates have been made, with all equipment owned and in excellent condition, valued at over $150,000 and some still under warranty. Low rent and franchise fees further sweeten the deal. Ample parking and easy accessibility enhance its appeal, while the meticulously organized and clean environment, along with well-trained staff, ensure a top-notch experience for regular and repeat customers. Recent replacements of HVAC and major equipment, coupled with high-end security systems, underscore the business's commitment to quality and safety.
Details
| MLS# | X8434568 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Days On Site | 241 |
| Listing Provided By | TFG REALTY LTD. | Not Provided |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 2,552 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Peterborough |
| City | Peterborough |
| Zip Code | K9H 7S3 |
| Area | Downtown |
| Listing VS Median (in K9H 7S3) | |
Price: $587,000 low | high Med: $587,000 SqFt: 2,552 low | high Med: 2,552 $ / SqFt: $230 low | high Med: $230 On Site: 241 low | high Med: 241.000000 | |
