#2 51 King Street East, Ingersoll (Ingersoll - South) - Business for Sale
#2 51 King Street East, Ingersoll (Ingersoll - South), Ontario, N5C1S2
This business in Ingersoll is for sale offering roughly 1,070 sq ft of space. It has been on the market 22 days, fresher than the Ingersoll average of 58 days.
Description
Highly Profitable Pizza Business for Sale, and Unbelievable Rent $ 2250 ( Including, TMI, HST, AND HYDRO, WATER , GAS). No Other bills for Utility. Very Rare to find all Inclusive Rent. Long Lease with Renewal Terms. Monthly $26,000 to $30,000 Revenue. Hassel Free and Fixed Monthly Royalty of $900As per owner Food Cost is 35%- $37% and Labor Cost is 25% to 28%.First Time Business Buyer and Investor Opportunity. Very Easy to Operate, Perfect for the owner operator, Currently running on Manager and Staff. Opportunity to grab some School Lunch and School Catering program to Increase Sales. Please do not go direct or Talk to Employees. (id:66096)
Property Details
- MLS®
- X14033836
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,070 ft²
- Frontage
- 16 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 22 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 22 days on market, against an average age of 58 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 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Ingersoll (Ingersoll - South) has been listed for 22 days, which is 36 days fresher than the city average of 58. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5C)
This home lists at $199,000, about 2.2× the local median household income of $89,000.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $89,000
- Population
- 15,721
- Median age
- 41.2
- Owner / renter
- 78% / 22%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N5C)
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$199,000
Ingersoll