73 Queensway St. East

CAD 995000 For Sale

Property Details

Property Type

14

Description

Amazing franchise opportunity to own one of the most profitable Pita Pit locations in Canada! 10 year lease with two optional 5 year extensions at the unheard of rate of $1,381/month (TMI Included). The business is currently showing a 26% ROI at the listed price. The last four years of financials available to qualified buyers, showing increased profitability year-over-year, all four years. Sales of $14,000 to $20,000 per week! This location has some very unique features, including a massive stand-alone LED pylon sign at the road, a beautiful patio with seating for 20, a second-story 450 sq. ft. office, dedicated parking for 25+ vehicles, and is situated on the busiest restaurant strip in town. The opportunity for continued success and profitability is stacked in your favour. The building was fully renovated, top to bottom, in 2014. New digital menu boards installed in 2018. Turn-key franchise with bright prospects for ever-increasing profitability and sales growth. Seller is willing to assist with the transition of business operations. Seller also willing to consider selling a 50% share to an approved operator and able to assist in financing.

Property Details: 73 Queensway St. East, Simcoe Type: 14

Location

Address

73 Queensway St. East

City

Simcoe

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Sales of $14 000 to $20 000 per week
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