1335 Simcoe Street N, Oshawa (centennial), Ontario

$99,000

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2

Baths

1,202

Square feet

About 1335 Simcoe Street N

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:36535)

Features of 1335 Simcoe Street N

Listing # E13606200
Price $99,000
Bathrooms 2.00
Square Footage 1,202
Acres 0.00
Type Business

Community Information

Address 1335 Simcoe Street N
Subdivision Centennial
City Oshawa (centennial)
Province Ontario
Postal Code L1G4X1

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=80.93 x 193.18 FT

Listing Details

OfficeCourtesy Of ANNA ALEX Of HOMELIFE/MIRACLE REALTY LTD

Listing Map