276 Wharncliffe Road North, London North (North N) - Business for Sale
276 Wharncliffe Road North, London North (North N), Ontario, N6H2C3
This business in London North is for sale. It has been on the market 24 days, fresher than the London North average of 76 days.
Description
Exceptional opportunity to acquire two profitable food-service businesses operating under one roof. The offering includes a successful dessert and coffee concept where the Seller is the franchisor, with established and successful franchise location demonstrating a proven and scalable business model. Also included is a profitable burger establishment where the Seller operates as a franchisee. Both concepts operate from the same premises and share customer seating, creating a complementary and efficient food-service operation. The business also benefits from a strong and established catering component, providing an additional revenue stream and significant opportunity for continued growth. This unique offering provides an incoming purchaser with two profitable businesses, a proven franchise concept, established franchise locations and multiple avenues for revenue generation. Ideal for an entrepreneur, investor or experienced food-service operator. Real estate is not included. Financial and franchise information available to qualified purchasers upon execution of a confidentiality agreement. (id:66096)
Property Details
- MLS®
- X13886000
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- NSA5
- Frontage
- 156 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 24 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 24 days on market, against an average age of 76 days across the listings currently for sale in this city
This business in London North (North N) has been listed for 24 days, which is 52 days fresher than the city average of 76. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N6H)
This home lists at $599,000, about 8.4× the local median household income of $71,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.
- Median household income
- $71,000
- Population
- 44,215
- Median age
- 38.8
- Owner / renter
- 46% / 54%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N6H)
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$599,000
London North