$587,000 FOR SALE

Business for Sale

Restaurant/Pub

501 Towerhill Road
Peterborough (Downtown), ON K9H 7S3

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. **** EXTRAS **** Presenting a rare chance to acquire a turnkey Wild Wing franchise nestled in a prime location. This thriving business is not just successful; it's a testament to organization, strategic placement, and unwavering appeal. (id:47423)

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Listed By TFG REALTY LTD.
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X8434568
Last Updated Sep 03, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant/Pub
Franchise Non-Franchise
Community Downtown
Price History
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Detailed Information
Bathrooms 3
Amenities Nearby Highway, Public Transit
Listing Contract Date 2024-06-12
Location Description Towerhill/ Chemong
Property Type Business
Transaction Type For sale
Zoning Description C
Business
Business Type Restaurant
Business Subtype Restaurant/pub
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 2552 square feet
Utility Water Municipal water
Land
Amenities Highway, Public Transit

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