34 Yonge Street South, Springwater (Elmvale) - Business for Sale
34 Yonge Street South, Springwater (Elmvale), Ontario, L0L1P0
This business in Springwater is for sale offering roughly 800 sq ft of space.
Description
It is an excellent opportunity for a turn-key pizza shop located in Elmvale, ON. This location has been established as a pizza shop for over 20 years and offers very favorable terms. The rent is currently only $1,970 per month, which includes water utilities. According to the seller, the business generates yearly sales between $380,000 and $410,000.Very close to a local school with significant potential to increase business. This is not a franchise, allowing for more operational flexibility. The business benefits from very low food costs. (id:66096)
Property Details
- MLS®
- S13207462
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 800 ft²
- Frontage
- 18 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 160 days ago
Features
- Appliances
- Oven, Microwave, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 160 days on market, against an average age of 78 days across the listings currently for sale in this city
This business in Springwater (Elmvale) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0L)
This home lists at $196,000, about 1.8× the local median household income of $106,000.
Carrying it typically needs a household income of about $38,286 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $106,000
- Population
- 42,022
- Median age
- 46.8
- Owner / renter
- 89% / 11%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA L0L)
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$196,000
Springwater