haho.ca
$299,000
For sale

749 King Street East, Cambridge - Business for Sale

749 King Street East, Cambridge, Ontario, N3H3N8

Listed 79 days ago
Overview

This business in Cambridge is for sale.

Description

Turnkey Franchise Opportunity in Downtown Cambridge! Recently established and showing strong month-over-month sales growth, this Pizzaiolo franchise presents an excellent opportunity for an owner-operator or entrepreneur looking to take over a growing business. As the only Pizzaiolo franchise in the area, the location benefits from an exclusive territory, strong brand recognition, and significant potential for future growth. With a growing customer base and increasing sales, the business has built a solid foundation with plenty of opportunity for a new owner to further expand and maximize its potential. Don't miss this opportunity to own a growing Pizzaiolo franchise in downtown Cambridge. (id:66096)

Property Details

MLS®
X13685078
Property Type
Business
Business Type
Restaurant
Zoning
C1RM2
Frontage
22 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$8,703/yr
Listed
79 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
79d
Cambridge listings, avg age
57d
List price
$299K

Long Listed: 79 days on market, against an average age of 57 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX QUANTUM REALTY · JIGNESH PATEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3H)

This home lists at $299,000, about 3.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$82,000
Population
24,306
Median age
40.8
Owner / renter
62% / 38%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA N3H)

$299,000
For sale

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Financing

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$299,000

Cambridge

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