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B-4 - 200 Preston Parkway

B-4 - 200 Preston Parkway

Cambridge, ON

  • 2 bath
  • Sale Of Business
  • 177 days on market
$429,999Price reduced 14%

Looking to step into the highly profitable restaurant industry? This is your chance. We are proud to present an outstanding opportunity to acquire a well-established Pizza Depot franchise. This business offers exceptional value with several key advantages. Strategically located in the vibrant Preston neighbourhood,just minutes from Highway 401 and Conestoga College, the location benefits from excellent visibility and accessibility. The area is further enhanced by close proximity to a Soccer Stadium,Four Points by Sheraton Hotel, and nearby schools, all contributing to consistent foot traffic and a strong customer base.The upcoming Light Rail expansion to Cambridge is expected to further increase accessibility and long-term growth potential.The restaurant is fully equipped with high-quality equipment,ensuring efficient and seamless operations.Pizza Depot features a diverse and popular menu, offering freshly made handcrafted pizzas along with sides such as fries, sandwiches, and desserts, appealing to a wide range ofcustomers.Financially, the business demonstrates strong performance, generating average weekly sales ofapproximately $15,000-$17,000, with significant upside potential.An added advantage is the very attractive rent of only $3,044.50 per month, inclusive of taxes, maintenance,and water. This is a true turnkey opportunity in a busy plaza surrounded by rapidly growing residential developments, benefiting from strong foot traffic and a loyal clientele.The premises aremeticulously maintained and includes all necessary chattels for smooth and immediate transition forthe new owner.Chattels list provided with offer. Inventory is not included in purchase price.Ideal for both first-time buyers and experienced operators, this opportunity comes with trainingand transition support, enabling you to start generating income from day one. The current owner is also planning to introduce an ice cream booth, adding an additional revenue stream and attracting more customers

Listing Details

Originally Listed
$499,999
Listed
March 17, 2026

Price History

Parking

Garage
Plaza

Location & Legal

Cross Street
Shantz Rd And Preston Pkwy
Zoning
CS5C5
Parcel Number
037700043
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Pizzeria

Included

Inclusions
All the Chattles are included in the price, the list will be shared provided at the time ofoffer.
Exclusions
Auto Fryer (Large)

Community

Postal area N3H

Population
24,306
Private dwellings
10,220
Median age
40.8
Average household size
2.5
Median household income
$82,000

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

HOMELIFE/MIRACLE REALTY LTD

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