340 Front Street West, Toronto (Waterfront Communities) - Business for Sale
340 Front Street West, Toronto (Waterfront Communities), Ontario, M5V3W7
This business in Toronto is for sale offering roughly 1,200 sq ft of space.
Description
PIZZA PIZZA Exceptional High-Profit Franchise Opportunity Rare opportunity to own a highly profitable PIZZA business that has been successfully operating for over 20 years in one of Toronto's most sought-after, high-traffic locations. Ideally situated directly across from the ROGERS CENTRE,METRO TORONTO CONVENTION CENTRE, and CN TOWER, on the west side of Blue Jays Way. Surrounded by office buildings, high-rise residential towers, hotels, and commercial businesses, generating exceptional pedestrian traffic throughout the year. Weekly sales are approximately $25,000(as per seller).Rent and TMI are only 9% of gross sales, with a long-term lease until 2031.Operate under one of Canada's most recognized and trusted pizza brands with the support of a strong and established franchisor. well-established& very High profitable. percentages of sales Approximately Store Delivery: 24%, 3rd Party (Uber, Door Dash): 20.%,Walk-In Customers &Pick up Over :50% (id:66096)
Property Details
- MLS®
- C13553182
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Retail
- Interior Size
- 1,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 116 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 116 days on market, against an average age of 57 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 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Waterfront Communities) 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 (M5V)
This home lists at $699,000, about 7.7× the local median household income of $91,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$699,000
Toronto