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17 - 1414 KING Street

17 - 1414 KING Street

Clarington, Ontario

Business

$175,000

CAN BE CONVERTED INTO OTHER CONCEPT. Excellent opportunity to acquire a well-established restaurant business in Courtice. Currently operating as DOSA EATERY, with potential for conversion to another food concept (subject to landlord). Prime location at King St E & Townline Rd S, surrounded by residential neighbourhoods, schools, offices, banks, major retailers, and convenient highway access. Monthly Sales: Approx.: $28,000 to $32,000. Rent: $8,372.19/month including TMI and HST. Existing lease term until 2033 with two additional 5-year renewal options available. Current royalty fee is 6%. Great opportunity for owner-operators or investors seeking a turnkey business in a growing community.

Price History

Community

Postal area L1E

Population
28,325
Private dwellings
9,806
Median age
39.2
Average household size
2.9
Median household income
$123,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Business in Clarington · last 12 months

Median sold price
$744,000
Homes sold
1,379
Median days on market
18
Sale-to-list price
98.8%

Based on 1,379 recorded sales of business properties in Clarington over the last 12 months.

Location

R

Reita | Assistant

Online

Reita said:

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