1335 Simcoe Street N,Oshawa (Centennial), ON L1G4X1
Oshawa (Centennial), ON L1G4X1
Description
Excellent opportunity to own a well-established and fully operating Double Double Pizza & Chicken franchise in a high-demand Oshawa location at Simcoe St N & Taunton Rd E. This successful business is located in a busy retail plaza surrounded by residential communities, schools, college campuses, and commercial businesses. Strong school and corporate clientele provide consistent sales and repeat customers.Approximately 1,202 sq. ft. with very low rent of only $2,925/month including TMI plus HST. Current lease in place until October 2029 with two additional 5-year renewal options available. Monthly sales average approximately $25,000-$30,000. Weekly school orders average approximately $1,800-$2,000, with additional corporate and retail customer sales from nearby businesses and plaza traffic.Business operates under the recognized Double Double Pizza & Chicken franchise and will continue as the same franchise. Existing seating for 4 customers. Open 7 days a week with extended late-night hours. Utilities average approximately $950/month. The store holds a clean Durham Region Green Pass Certificate. No hot water rental contracts. LLBO not currently in place, however there is strong potential for the new buyer to apply for liquor licensing, creating additional growth opportunities.Franchise transfer fee is applicable, with the Seller and Buyer each responsible to pay $12,500 + HST.Reason for sale is lack of time to manage due to ownership of another business. Immediate possession available. Great turnkey opportunity for owner-operators, families, or investors looking to step into a growing franchise business with established customer base and future potential. (id:13843)
Details
| MLS # | E13606200 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 93 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | ANNA ALEX |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 1,202 |
| Zoning | PSC-A |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Oshawa (Centennial) |
| Postal Code | L1G4X1 |
| Listing VS Median (in L1G4X1) | |
Price: $99,000 low | high Med: $49,812 sqft: 1,202 low | high Med: 801 $ / sqft: $82 low | high Med: $42 On site: 93 low | high Med: 72.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Oshawa (Centennial) |
| Postal Code | L1G4X1 |
| Listing VS Median (in L1G4X1) | |
Price: $99,000 low | high Med: $49,812 sqft: 1,202 low | high Med: 801 $ / sqft: $82 low | high Med: $42 On site: 93 low | high Med: 72.5 | |