#5 940 Jamieson Parkway, Cambridge - Business for Sale
#5 940 Jamieson Parkway, Cambridge, Ontario, N3C4N6
This business in Cambridge is for sale offering roughly 1,629 sq ft of space.
Description
Excellent Franchise Opportunity in Prime Cambridge Location! Secure this beautifully built and established Burrito franchise location with no franchise fee and no royalty, offering a significant advantage for the new operator. Situated in a high-traffic plaza surrounded by major anchor businesses including Tim Hortons, Petro-Canada, multiple restaurants, and a variety of service-based businesses, providing excellent visibility and steady customer traffic.The location generates approximately $24,000 in gross monthly sales and features an attractive monthly rent of approximately $4,743. Take advantage of the established brand, turnkey setup, and prime location without the added cost burden of franchise fees or ongoing royalties. Full franchisor support and training will be provided to the new tenant, making this an excellent opportunity for both experienced operators and first-time entrepreneurs. Don't miss this opportunity to take over a well-established franchise location in a growing Cambridge market! (id:66096)
Property Details
- MLS®
- X13749190
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 1,629 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 60 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 60 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.
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 (N3C)
This home lists at $170,000, about 1.5× the local median household income of $114,000.
Carrying it typically needs a household income of about $33,207 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $114,000
- Population
- 27,518
- Median age
- 38.8
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N3C)
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$170,000
Cambridge