1967 Taunton Road, Clarington - Business for Sale
1967 Taunton Road, Clarington, Ontario, L0B1J0
Description
Turnkey and highly profitable food truck business located in the heart of prime Food Truck Alley! This well-established operation is famous for serving top-quality Italian cuisine including authentic pizza, fresh pasta, Italian sandwiches, panzerotti, and mouthwatering pastries with a loyal and growing customer base. Annual sales of approximately $230,000 with exceptionally low rent of only $1,380/month. Attractive lease terms include a new 3-year lease plus a 2-year renewal option. Seasonal operation open only 6 months per year, offering an incredible lifestyle opportunity with strong income potential. Owner-operator reports net earnings of approximately $200,000 annually while operating just half the year. Excellent opportunity for entrepreneurs, chefs, or family operators looking to step into a proven and profitable business with strong reputation and established clientele. (id:66096)
Property Details
- MLS®
- E13100504
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Other
- Cooling
- None
- Garage
- Other
- Listed
- 180 days ago
Market Timing
Long Listed: 180 days on market, against an average age of 59 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 27 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 98.6 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 (L0B)
This home lists at $99,900, about 0.9× the local median household income of $111,000.
Carrying it typically needs a household income of about $19,514 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $111,000
- Population
- 15,501
- Median age
- 46.4
- Owner / renter
- 92% / 8%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA L0B)
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$99,900
Clarington