#2A 1 Promenade Circle, Vaughan (Brownridge) - Business for Sale
#2A 1 Promenade Circle, Vaughan (Brownridge), Ontario, L4J7W7
Description
Rare opportunity to own a newly established Italian pizza franchise in one of Vaughan's most sought-after retail addresses - Promenade Shopping Centre. Almost new location, .Reputed brand with full franchisor backing.High-traffic enclosed mall with 150+ tenants, anchored by T&T Supermarket, GoodLife Fitness & Imagine Cinemas. Adjacent York Region Transit hub ensures steady daily foot traffic from commuters, shoppers & a dense surrounding residential community.Backed by a trusted, established Italian pizza brand with a proven franchise system - training, supply chain, marketing & operations support all included. Authentic concept with strong consumer recognition in a multicultural, Busy Vaughan area.Gross rent $10,300/month incl. TMI.Buyer must be approved by franchisor. Change of cuisine/concept not permitted. (id:66096)
Property Details
- MLS®
- N13820220
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 42 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 43 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 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Vaughan (Brownridge) has been listed for 42 days, which is 1 days fresher than the city average of 43. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4J)
This home lists at $350,000, about 3.0× the local median household income of $115,000.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 75,120
- Median age
- 45.6
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4J)
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$350,000
Vaughan