B2 - 580 Hespeler Road

Cambridge, ON

1,165 sqft
Sale Of Business
265 days on market

$575,000

Unique opportunity to own a well-established, money-making City Pizza franchise is now up for grabs in a prime location in the heart of Cambridge, Ontario. This is not just another pizza shop it's store with impressive sales and a loyal customer base. Store has high weekly Sales volume of approximately Average $16,000 a week and further opportunity to grow the sales. The strong revenue stream from day one means you're investing in a proven business model with healthy cash flow. The restaurant benefits from a central location and the current owner has built a strong base of repeat customers over the years. Attracting a steady flow of local residents and business clients, ensuring steady walk-in customers and brand visibility. Regular orders come from nearby local businesses and institutions including car dealerships, factories, schools, and even the local hospital. The business is also integrated with Uber Eats, DoorDash, Skip The Dishes. These bulk and repeat orders are a testament to the store's excellent reputation and service. When you take over, you'll inherit loyal customers who already love the product, providing you with reliable income from day one. Enjoy a low monthly rent of $3,976.78 (TMI and HST included), which keeps overhead costs down and boosts your profit margin. The business operates in a leased premises with approx 4 years remaining on the lease, plus an option to renew for 5 years. This turn-key pizza business is the opportunity for you. Don't miss this chance to take over a proven operation and make it your own!

Listing Details

Taxes (2025): $1,168
Listed: December 19, 2025

Price History

Listing history

Parking

Garage: None

Location & Legal

Cross Street: Hespeler Rd / Langs Dr
Zoning: C-4
Possession: Flexible
Occupancy: Owner

Commercial

Business Type: Pizzeria

Included

Inclusions: All restaurant chattels and fixtures, sheet enclosed. This is a Turnkey Business.

Community

Postal area N1R

Population: 42,928
Private dwellings: 18,081
Median age: 40.8
Average household size: 2.5
Median household income: $77,000

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 Cambridge · last 12 months

Median sold price: $676,800
Homes sold: 1,230
Median days on market: 20
Sale-to-list price: 100.6%

Based on 1,230 recorded sales of commercial properties in Cambridge over the last 12 months.

Listed by

RE/MAX REAL ESTATE CENTRE INC.

Walk Score

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Location

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Commercial figures

Building area: 1,165 sq ft
Price per sq ft: $493.56
Annual property tax: $1,168
Tax per sq ft: $1.00

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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