#110B 545 HESPELER Road, Cambridge - Business for Sale
#110B 545 HESPELER Road, Cambridge, Ontario, N1R6J2
Description
Great Opportunity To Own A Well-established Franchise Shawarma Restaurant In A Prime Cambridge Location! This Thriving Business Is Strategically Located In A Busy, High-traffic Plaza Surrounded By Residential Neighborhoods, And other major Amenities offering Excellent Exposure And Walk-in Traffic. The Restaurant Features A Fully Equipped, Modern Kitchen with 12 ft Hood, walk-in cooler and High-quality Appliances. Low Rent $4250 including HST AND TMI , SQ FT Approximately 1200 , Remaining lease 3+5+5 And Minimal Overhead Make This An Extremely Attractive And Sustainable Business. Ample Customer Parking And Great Signage Visibility Contribute To Ongoing Customer Growth And Retention. The Business Benefits From A Loyal Customer Base, Positive Word-of-mouth, Strong Franchise support, And Growing Demand In The Area. Full Training And Transitional Support Will Be Provided To Ensure A Smooth Handover To The New Owner. Whether You're An Experienced Restaurateur Or A Motivated Entrepreneur, This Is A Rare Chance To Take Ownership Of A Successful Food Operation In One Of Cambridge's Most Desirable Commercial Areas. Don't Miss Out opportunities Like This Are Rare! Call listing agent to book your showings. (id:66096)
Property Details
- MLS®
- 40857650
- Property Type
- Business
- Basement
- None
- Listed
- 72 days ago
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 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $149,000, about 1.9× the local median household income of $77,000.
Carrying it typically needs a household income of about $29,105 (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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$149,000
Cambridge