13229 Ilderton Road, Middlesex Centre (Ilderton) - Business for Sale
13229 Ilderton Road, Middlesex Centre (Ilderton), Ontario, N0M2A0
This business in Middlesex Centre is for sale. It has been on the market 40 days, fresher than the Middlesex Centre average of 142 days.
Description
This is a Fabulous Opportunity To Own A Well-Established Successful Franchise...Which Is Easy To Run, Rewarding Business With Great Profit Margins In An Ideal Location. Advertising And Promotion Provided, Centralized Call Center, Ongoing Business Development, Online Ordering Platform Along With Research And Development All Provided. The business is already generating very good sales with significant upside potential as ongoing residential development continues to transform the area. Monthly sales consistently range from $26,000 to $30,000, delivering dependable cash flow. The location benefits from exceptionally low overhead, with rent of Approximately $2034 per month including TMI. Food costs average between 36%-38%, while franchise fees are set at 5% royalty and 3% advertising. (id:66096)
Property Details
- MLS®
- X13827384
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C1
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 40 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 40 days on market, against an average age of 142 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Middlesex Centre (Ilderton) has been listed for 40 days, which is 102 days fresher than the city average of 142. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0M)
This home lists at $239,000, about 2.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $46,685 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 69,177
- Median age
- 46
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N0M)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$239,000
Middlesex Centre