ON
Oshawa (Centennial)
L1G4X1
1335 Simcoe N Street
1335 Simcoe N Street, Oshawa (Centennial), ON L1G4X1
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Listing Type
Commercial/Industrial
Listing Status
Active
16
$129,500

Home Details for 1335 Simcoe N Street

Price
$129,500
Type
Commercial Sale
Total Bathrooms
2
Days on site
56
Listing #
E13118874
Property 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. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
Listing Courtesy: HOMELIFE/MIRACLE REALTY LTD
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EXIT REALTY MATRIX, BROKERAGE
2131 St. Joseph Blvd, Ottawa, ON K1C 1E7
Nicolas Sigounis
Sales Representative
Office
613-837-0011
Agent
613 859 9331
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