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Home ON Greater Peterborough Peterborough
501 TOWERHILL ROAD
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501 TOWERHILL ROAD $587,000
$587,000
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501 TOWERHILL ROAD
Peterborough (Downtown), Ontario K9H7S3

MLS® Number: X8434568
3
Bathrooms
2552
Square Feet

Listing 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. (35467317)

Location Description

Towerhill/ Chemong

Property Summary

Property Type
Business
Square Footage
2552 sqft
Community Name
Downtown
Annual Property Taxes
$0
Time on REALTOR.ca
292 days

Building

Bathrooms
Total
3
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
2552 sqft
Exterior Building Size
2552 sqft

Land

Other Property Information
Zoning Description
C
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7
MICHAEL ROBERTS