haho.ca
$230,000
For sale

30 Proton Street North, Southgate - Business for Sale

30 Proton Street North, Southgate, Ontario, N0C1B0

1 bath1,300 ft²Listed 60 days ago
Overview

This business in Southgate is for sale offering roughly 1,300 sq ft of space. It has been on the market 60 days, fresher than the Southgate average of 91 days.

Description

Excellent opportunity to own a successfully operating franchise pizza store in the heart of Dundalk, Southgate. This well-established business enjoys a loyal customer base, very little direct competition, and consistent monthly sales of approximately $30,000-$35,000. Prime downtown location with excellent street exposure and convenient free street-side parking. Extremely low monthly rent of only $1,500 plus applicable taxes, with a long-term lease available. Fixed franchise royalty of just $900 plus applicable taxes per month. Strong sales, low overhead, loyal clientele, and an established franchise system make this an excellent opportunity for an owner-operator or investor. . (id:66096)

Property Details

MLS®
X13749154
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
1
Interior Size
1,300 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
60 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
60d
Southgate listings, avg age
91d
Price / ft²
$177
List price
$230K

Long Listed: 60 days on market, against an average age of 91 days across the listings currently for sale in this city

Haho

This business in Southgate has been listed for 60 days, which is 31 days fresher than the city average of 91. Act while there is still low competition.

Listed by RE/MAX REALTY SERVICES INC. · GAGAN SANGHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0C)

This home lists at $230,000, about 2.7× the local median household income of $85,000.

Carrying it typically needs a household income of about $44,927 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$85,000
Population
17,537
Median age
43.6
Owner / renter
86% / 14%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA N0C)

$230,000· $177/ft²
For sale

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Financing

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$230,000

Southgate

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