#110A 545 Hespeler Road, Cambridge - Business for Sale
#110A 545 Hespeler Road, Cambridge, Ontario, N1R6J2
Description
Excellent opportunity to acquire a well-established Red Swan Pizza franchise in one of Cambridge's busiest commercial corridors along Hespeler Road. Successfully operating for over six years, this turnkey location generates approximately $48,000-$50,000 in monthly sales and benefits from strong brand recognition, a loyal customer base and consistent performance. The approximately 1,225 sq. ft. premises features a fully equipped commercial kitchen, efficient operational layout, takeout counter and dine-in seating. Attractive gross rent of approximately $4,500 per month, including TMI and HST. Strategically located in a high-traffic retail corridor surrounded by major retailers, established residential neighbourhoods and excellent exposure, offering further growth potential through increased marketing, catering and delivery sales. Comprehensive training will be provided to ensure a smooth transition. An exceptional opportunity for an owner-operator or investor seeking a proven franchise in a thriving Cambridge location. Please do not go direct or speak with staff. (id:66096)
Property Details
- MLS®
- X13715434
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C4
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 72 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 72 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.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $325,000, about 4.2× the local median household income of $77,000.
Carrying it typically needs a household income of about $63,484 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$325,000
Cambridge