197 PINEHURST ROAD, Brant (Paris)

$299,000

For sale: Other

Other at 197 PINEHURST ROAD, Brant (Paris)
Property type
Sale Of Business
MLS®
MLS® X13673894
Neighbourhood
Paris

Great Business Opportunity in Brant! Located at 197 Pinehurst Rd, this turn-key Gino's Pizza franchise is situated in a busy, high-traffic plaza with strong neighbouring businesses, including McDonald's and Canada Post, helping generate consistent customer traffic. The space is approximately 1,600 sq. ft., with monthly rent of $4,952.69 plus HST. The lease has approximately 2.5 years remaining, with a 5-year renewal option available. The business benefits from an established customer base, including relationships with approximately 6-7 local schools and multiple corporate accounts, providing additional recurring business opportunities. Further growth is underway directly across the street, with approximately 200 new homes currently under construction and a new school planned as part of the development, creating excellent potential for increased future business. A great opportunity to take over an established Gino's Pizza location in a growing community with strong surrounding traffic generators and future residential development. A franchisor transfer fee is applicable.

Sold data

Homes in Brant (Paris) — recent sold market

Homes in Brant (Paris) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 63, across 107 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$799,900
Sale-to-list ratio
97.1%
Sold above asking
14%

Based on 107 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 197 PINEHURST ROAD