56 Davis Drive
Newmarket, ON
- 2 bath
- 1,500 sqft
- Sale Of Business
- 51 days on market
Great Opportunity to Own a Philthy Philly's Fast Food Restaurant In the Heart Of the Newmarket, Ideal Opportunity For A Person Who Wants To Be Own Boss with attractive net profit Established business located in the busy plaza of Central Newmarket. *Philthy Philly* franchise with over 40 stores across Ontario and growing. Great Signage, Exposure, And Traffic Count is limitless as plaza is anchored by No Frills, Baskin Robin, Goodlife Fitness, SDM and many major banners. Fully Equipped Kitchen & Very Easy To Run. Lots Of Potentials To Grow. Monthly Revenue between $65 to 70K, Very low Rent : $5085 (incl. TMI, HST & Water), Utilities : Apx. $1200, Proven Food Cost is 30%, Franchise Royalty $500/Mthly. An attractive net profit after all expense.
Listing Details
- Listed
- July 16, 2026
Price History
Property
- Lot Size
- 16.5 x 76 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Storm
Location & Legal
- Cross Street
- Davis Dr & Yonge St.
- Zoning
- Commercial
- Parcel Number
- 036020338
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Fast Food/Takeout
Included
- Inclusions
- All chattels
Community
Postal area L3Y
- Population
- 43,556
- Private dwellings
- 17,365
- Median age
- 45.6
- Average household size
- 2.5
- Median household income
- $93,000
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
Commercial in Newmarket · last 12 months
- Median sold price
- $925,000
- Homes sold
- 860
- Median days on market
- 21
- Sale-to-list price
- 97.9%
Based on 860 recorded sales of commercial properties in Newmarket over the last 12 months.
Listed by
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,500 sq ft
- Price per sq ft
- $432.67
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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