Address
1335 Simcoe Street N, Oshawa, ON
Price
$ 99,000
Property Attributes
  • ID#E13606200
  • TypeCommercial
  • Listing Status Active
  • MunicipalityOshawa
  • CityOshawa
  • NeighbourhoodCentennial
  • Postal CodeL1G 4X1
  • StyleCommercial Business
  • Price$ 99,000
  • Bedrooms{}
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1202
Data Source:
RLP - CREA EN
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. 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.

General Features

Zoning PSC-A
Terms SALE
Neighbourhood Centennial
Property Sub Type COMMERCIAL_BUSINESS
jumpId 28809445
Property Subtype French Commercial Business
Listing Type French Commercial
MLS E13606200
Property Type Business

Interior Features

Living Area Range 1202 sqft
Bedrooms {}
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Total Baths 2
Total Baths 2

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L1G 4X1

Price
AVG $40K
$100K