haho.ca
$295,000
For sale

181 Main Street South, Wellington North (Mount Forest) - Business for Sale

181 Main Street South, Wellington North (Mount Forest), Ontario, N0G2L0

Listed 21 days ago
Overview

This business in Wellington North is for sale. It has been on the market 21 days, fresher than the Wellington North average of 88 days.

Description

PROFITABLE PIZZA PIZZA FRANCHISE FOR SALE - MOUNT FOREST, ON! Excellent opportunity to own a profitable Pizza Pizza franchise in a prime, high-visibility location at Wellington St. W. and King St. W. in Mount Forest. This turnkey operation offers approximately 1,675 sq. ft. of space, with weekly sales of approximately $10,000 and three confirmed school orders, providing an additional business opportunity. Fully equipped with a commercial hood, pizza oven, walk-in cooler, and freezer, the store offers both takeout and delivery. Affordable weekly rent of $716.54, including TMI (HST extra), with utilities averaging approximately $700-$900 per month. Franchise royalty and marketing fees total 8%. Full franchisor training and ongoing support are available, making this an excellent opportunity for an owner-operator to take over an established brand in a high-traffic location. Financial information available to qualified buyers. Buyer and buyer's agent to verify all information, sales, expenses, franchise terms, and lease details. (id:66096)

Property Details

MLS®
X14033852
Property Type
Business
Business Type
Restaurant
Zoning
C1
Lot Size
27 × 234 ft (6,326 sq ft)
Frontage
27 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$945/yr
Listed
21 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
21d
Wellington North (Mount Forest) listings, avg age
88d
List price
$295K

Active: 21 days on market, against an average age of 88 days across the listings currently for sale in this city

Homes here sell slower than most markets

Sold homes in this market spent an average of 76 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Wellington North (Mount Forest) has been listed for 21 days, which is 67 days fresher than the city average of 88. Act while there is still low competition.

Listed by THE AGENCY · ROBIN PATEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $295,000, about 3.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $57,624 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$83,000
Population
86,935
Median age
40.8
Owner / renter
80% / 20%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$295,000
For sale

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Financing

Buying this business?

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$295,000

Wellington North

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