501 TOWERHILL ROAD Active

Peterborough (downtown),ON K9H7S3

$ 587000

- Bed

3 Baths

2552 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $230

Subdivision Downtown

MLS Listing ID X8434568

Originating Board Central Lakes Association of REALTORS®

Property Description

This business, under family ownership since 2009, is a prime opportunity poised for immediate profitability. Situated in a bustling plaza in a burgeoning neighborhood, it has weathered economic challenges, proving its resilience. With indoor and outdoor seating, including a stellar patio, attracting a diverse crowd. Securing the lease until 2030 with favorable terms adds to its appeal, with the flexibility to adjust the menu and pricing.It's a thrilling prospect waiting for the right investor to seize. The seller is committed to facilitating a seamless transition, offering training to ensure buyers hit the ground running and a fully trained staff allowing new ownership to turn key and start profiting. Extensive updates have been made, with all equipment owned and in excellent condition, valued at over $150,000 and some still under warranty. Low rent and franchise fees further sweeten the deal. Ample parking and easy accessibility enhance its appeal, while the meticulously organized and clean environment, along with well-trained staff, ensure a top-notch experience for regular and repeat customers. Recent replacements of HVAC and major equipment, coupled with high-end security systems, underscore the business's commitment to quality and safety. **** EXTRAS **** Presenting a rare chance to acquire a turnkey Wild Wing franchise nestled in a prime location. This thriving business is not just successful; it's a testament to organization, strategic placement, and unwavering appeal. (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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