1840 Lansdowne Street West, Peterborough (Monaghan Ward 2) - Business for Sale
1840 Lansdowne Street West, Peterborough (Monaghan Ward 2), Ontario, K9K2L8
This business in Peterborough is for sale. It has been on the market 7 days, fresher than the Peterborough average of 60 days.
Description
Established ICONIC Burger Shop. Award winning 15 years in a row Popular Burger Shop(s) / Diner(s) in Peterborough. Both AA+ Peterborough locations are for sale together, proudly providing delicious in-house ground steak burgers and more with a warm, welcoming ambiance that will take you back in time to the 40 and 50"s. The space is air-conditioned and designed for comfort, efficiency and high-volume service. Commercial kitchens support dine-in, and take-out. Retro chattels and fixtures, furnishings, dishes, pots, pans, and recipes ensuring a seamless transition for the next operator. Low fixed operating costs make this an excellent opportunity for an owner-operator or entrepreneur looking to step into an established business with strong brand recognition and repeat clientele. Lots of customer parking available. The location offers immediate revenue potential and is priced to sell. Full support and training available through the seller. Set up on major delivery platforms. Note: this is a Business Asset Sale and Buyer will assume the existing lease. Do not go direct do not speak to the staff. Showings are from 8am- 11am Monday to Friday only. BEING SOLD WITH X14129798. (id:66096)
Property Details
- MLS®
- X14129794
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Bathrooms
- 2
- Parking
- 20
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 7 days ago
Features
- Appliances
- Furniture, Water Heater
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 7 days on market, against an average age of 60 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 Peterborough (Monaghan Ward 2) has been listed for 7 days, which is 53 days fresher than the city average of 60. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K9K)
This home lists at $400,000, about 4.1× the local median household income of $98,000.
Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $98,000
- Population
- 13,359
- Median age
- 47.2
- Owner / renter
- 82% / 18%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA K9K)
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$400,000
Peterborough