289 MAIN STREET W, King (Schomberg)

$139,900

For sale: Other

Other at 289 MAIN STREET W, King (Schomberg)
Property type
Sale Of Business
MLS®
MLS® N13626906
Neighbourhood
Schomberg

Turnkey Opportunity in Downtown Schomberg. **Own a well-established, **Smokehouse & Pizzeria** with strong community roots. Serving Schomberg since 1987 and expanded in 2020 as the town's only smokehouse, this business is a proven local favorite and a unique draw for visitors.**PRIME LOCATION: Situated in the heart of Schomberg's vibrant downtown, steps from the Trisan Centre and Fairgrounds. Excellent visibility, steady foot traffic, street parking, plus 1-3 private spaces in the rear lot. **SOLID PERFORMANCE: Weekly sales average $5,000. **LEASE: Competitive Gross Lease at $2,444/month (including HST) until March 2027, with modest increases thereafter. Food costs approx. 15%: labor at 20%. **CUSTOMER LOYALTY & BRAND STRENGTH: Distinctive menu, branded website with online ordering, and glowing reviews. Indoor seating for 8-10 plus seasonal patio. Delivery services available. **OPERATONAL ADVANTAGES: 800 SF main floor with 10-ft fire suppression hood, walk-in cooler, and basement storage. Experienced staff, SafeCheck certification, and a complete recipe/operations manual with proprietary sauces and vendor contacts included. **GROWTH POTENTIAL: With strong branding and proven systems already in place, this turnkey business offers excellent potential for expansion. Ideal for an owner-operator or investor seeking a trusted foundation with room to grow.

Sold data

Homes in Schomberg — recent sold market

Homes in Schomberg took a median of 24 days to sell over the last 730 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 57, across 51 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $1,079,000.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$1,079,000
Sale-to-list ratio
96.2%
Sold above asking
18%

Based on 51 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 289 MAIN STREET W