This established Pizza Nova presents an excellent opportunity to acquire a well-positioned food-service business in a highly active downtown Toronto location. The restaurant benefits from strong pedestrian and vehicle exposure in a vibrant commercial and residential area, surrounded by a dense mix of students, professionals, residents, and other businesses.The location is particularly well suited to a quick-service pizza concept, with takeout and delivery forming an important part of the business model. The store is also well established within the Pizza Nova brand and benefits from the company's broad menu, recognizable name, and established customer base.Online ordering platforms show strong customer engagement at this location, with more than 1,000 ratings on Uber Eats and positive customer feedback highlighting the pizza, hot food, friendly service, and convenience.With its established operation, recognizable franchise brand, strong surrounding demographics, and excellent downtown positioning, this is an attractive opportunity for an owner-operator or investor looking to acquire an established quick-service restaurant with potential for continued growth. (id:13843)
| MLS # | C13786232 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | RE/MAX METROPOLIS REALTY | RAZA AZIZI |
| SQ Feet | 900 |
|---|---|
| Zoning | Commercial- CR 3.0 (c2.0; r2.5) |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 0 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T1R6 |
| Listing VS Median (in M5T1R6) | |
Price: $490,000 low | high Med: $490,000 sqft: 900 low | high Med: 900 $ / sqft: $544 low | high Med: $544 On site: 44 low | high Med: 44 | |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T1R6 |
| Listing VS Median (in M5T1R6) | |
Price: $490,000 low | high Med: $490,000 sqft: 900 low | high Med: 900 $ / sqft: $544 low | high Med: $544 On site: 44 low | high Med: 44 | |