Price ChangeFor Sale

1335 Simcoe Street N
Oshawa, Durham, ON, L1G 4X1

Sale Of Business
TRREB
MLS® Number: E13118874
$129,500List Price
Sale Of BusinessProperty Type
80.93 x 193.18Lot Size
PizzeriaBusiness Type
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PRICE CHANGED
$129,500
Previously Listed For:
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Listing History

Buy/sell history for 1335 Simcoe Street N, Oshawa, ON L1G 4X1

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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. 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 12 customers. Open 7 days a week with extended late-night hours. Utilities average approximately $950/month. 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.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.Franchise transfer fee is $25,000, with 50% to be paid by the Seller and 50% by the Buyer.

Features

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Amenities

No amenities available

Summary

Listing #:E13118874
Property Type:Sale Of Business
Land Size:80.93 x 193.18
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/MIRACLE REALTY LTD

Rooms

Details

Property

Property Type:Sale Of Business
Community:Centennial
Municipality:Durham

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Simcoe St N & Taunton Rd E/W

$129,500

List price

1335 Simcoe Street N, Oshawa – Sale Of Business for sale · MLS® # E13118874