12 Three Mile Lake Road
Armour, ON
1 bath • 32,948 sqft • Sale Of Business • 243 days on market
Thriving, turn-key chip truck business with an established 30-year history and loyal Katrine / Little Doe Lake community clientele. Prime, high-traffic riverside location just off the Hwy 11 cloverleaf. Limited nearby dining options helping drive steady local demand plus strong seasonal and pass-through traffic. Currently operated seasonally (May-Oct) with potential to extend the season and/or operate year-round . Seller indicates strong profitability (approx. 32% margin after owner draw). Sale includes two fully equipped mobile chip trucks plus a BBQ/smoker trailer, covered dining area, newer fire suppression & exhaust system, and 9 picnic tables. Second chip truck features electric stainless flat-top grills-ideal for expanding the menu (e.g., breakfast items such as pancakes, bacon & eggs, and more). Low overhead and affordable lease . Owner offers training. Classic Canadian favourites complemented by popular Korean beef dishes, along with sandwiches, plates and wraps.
Listing Details
- Originally Listed
- $95,000
- Listed
- December 21, 2025
Price History
Property
- Age
- 16-30
- Lot Size
- 286 x 250 Feet
Utilities
- Water
- Drilled Well
- Sewer
- Septic
Location & Legal
- Cross Street
- Three Mile Lake & Katrine Rd
- Zoning
- commercial
- Parcel Number
- 521440442
- Possession
- Flexible
Commercial
- Business Type
- Fast Food/Takeout
- Occupancy
- Owner
- Rental Term
- 12 months
Included
- Inclusions
- Two existing mobile chip Truck, large trailer with smoker and barbecue & basic supplies
- Exclusions
- Owner personal tools
- Rental Items
- None
Community
Postal area P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
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 Armour · last 12 months
- Median sold price
- $466,250
- Homes sold
- 36
- Median days on market
- 42
- Sale-to-list price
- 94.1%
Based on 36 recorded sales of commercial properties in Armour over the last 12 months.
Listed by
Lakeview Realty Inc.