$ 587,000
501 Towerhill RD Peterborough, ON K9H 7S3
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$ 587,000
Est. payment | /mo
3 Baths
2,552 SqFt
$ 587,000
Est. payment | /mo
3 Baths
2,552 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Square Footage 2,552 sqft
Price per Sqft $230
MLS Listing ID X8434568
Tax Year 2024
Property 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.
Location
Province ON
County Peterborough
Community Major Highway, Public Transit
Area Downtown
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Parking Type None
Listed by TFG REALTY LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "