1335 SIMCOE STREET N, Oshawa (Centennial)

$99,000

For sale: Other

Other at 1335 SIMCOE STREET N, Oshawa (Centennial)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® E13606200
Neighbourhood
Centennial

Excellent opportunity to own a well-established and fully operating Double Double Pizza & Chicken franchise in a high-demand Oshawa location at Simcoe St N & Taunton Rd E. This successful business is located in a busy retail plaza surrounded by residential communities, schools, college campuses, and commercial businesses. Strong school and corporate clientele provide consistent sales and repeat customers.Approximately 1,202 sq. ft. with very low rent of only $2,925/month including TMI plus HST. Current lease in place until October 2029 with two additional 5-year renewal options available. Monthly sales average approximately $25,000-$30,000. Weekly school orders average approximately $1,800-$2,000, with additional corporate and retail customer sales from nearby businesses and plaza traffic.Business operates under the recognized Double Double Pizza & Chicken franchise and will continue as the same franchise. Existing seating for 4 customers. Open 7 days a week with extended late-night hours. Utilities average approximately $950/month. The store holds a clean Durham Region Green Pass Certificate. No hot water rental contracts. LLBO not currently in place, however there is strong potential for the new buyer to apply for liquor licensing, creating additional growth opportunities.Franchise transfer fee is applicable, with the Seller and Buyer each responsible to pay $12,500 + HST.Reason for sale is lack of time to manage due to ownership of another business. Immediate possession available. Great turnkey opportunity for owner-operators, families, or investors looking to step into a growing franchise business with established customer base and future potential.

Sold data

Homes in Oshawa (Centennial) — recent sold market

Homes in Oshawa (Centennial) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 37, across 470 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $649,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$649,900
Sale-to-list ratio
97.9%
Sold above asking
24%

Based on 470 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oshawa (Centennial)

Oshawa (Centennial) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 5.0/10.

Rated schools
49
Elementary
42
Secondary
7
Average rating
5.0 / 10

Top-rated schools in Oshawa (Centennial)

  • Antonine Maillet — elementary, OshawaFraser rating 9.1/10
  • Northern Dancer — elementary, OshawaFraser rating 8.2/10
  • Seneca Trail — elementary, OshawaFraser rating 8.1/10
  • Coronation — elementary, OshawaFraser rating 7.3/10
  • John XXIII — elementary, OshawaFraser rating 6.9/10
  • Maxwell Heights — secondary, OshawaFraser rating 6.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1335 SIMCOE STREET N