haho.ca
$129,999
For sale

379 Norwich Avenue, Woodstock (Woodstock - South) - Business for Sale

379 Norwich Avenue, Woodstock (Woodstock - South), Ontario, N4S3W4

Listed 97 days ago
Overview

This business in Woodstock is for sale.

Description

Excellent opportunity to own a profitable, non-franchise pizza business in a high-traffic location in Woodstock. Situated in a busy plaza anchored by an Esso gas station, this well-established business offers strong visibility and steady customer flow. Approximately 1,000 sq. ft. of efficiently designed space with low operating expenses, low employee costs, and controlled food costs, resulting in healthy profit margins and positive cash flow month after month. Consistent monthly sales of approximately $30,000 provide a solid foundation for owner-operators or investors. Attractive long-term lease in place with an affordable monthly rent of only $4,180, inclusive of HST, TMI, and all utilities. The business is currently operating as an independent, non-franchise pizza store, offering excellent flexibility and potential for rebranding or conversion to another concept or franchise. A turnkey opportunity in a growing community with strong surrounding commercial activity. Perfect for entrepreneurs seeking an established business with proven profitability and tremendous upside potential. (id:66096)

Property Details

MLS®
X13622556
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
97 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
97d
Woodstock (Woodstock - South) listings, avg age
75d
List price
$130K

Long Listed: 97 days on market, against an average age of 75 days across the listings currently for sale in this city

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Woodstock (Woodstock - South) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4S)

This home lists at $129,999, about 1.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $25,393 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$78,000
Population
33,055
Median age
42.8
Owner / renter
66% / 34%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA N4S)

$129,999
For sale

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Financing

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$129,999

Woodstock

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