330 - 305 NORWICH AVENUE, Woodstock (Woodstock - South)

$259,900

For sale: Other

Other at 330 - 305 NORWICH AVENUE, Woodstock (Woodstock - South)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13740022
Neighbourhood
Woodstock - South

Profitable Owner-Operated Restaurant Business - Philthy Philly's Woodstock Excellent Opportunity to Own and Operate a Well-Established Philthy Philly's Franchise! An outstanding opportunity to acquire a profitable, owner-operated restaurant business operating under the well-recognized Philthy Philly's brand. This established food-service concept offers an excellent combination of strong brand recognition, an appealing menu, and a proven business model, making it an attractive opportunity for an owner-operator or entrepreneur looking to enter or expand within the food industry. Philthy Philly's brings the authentic taste and flavour of Philadelphia to customers through a menu featuring popular favourites including Philly Cheesesteaks, Philthy Poutinerie, Pulled Pork Sandwiches, and Fresh Salads. Food is prepared fresh to order using quality, top-of-the-line ingredients, including thinly sliced steak and authentic Amoroso's Bakery buns imported from Philadelphia, providing customers with an authentic Philly cheesesteak experience. A great opportunity to take over an established and profitable food business with a strong brand identity and proven customer appeal. Financial information and further details are available to qualified buyers upon request and execution of a confidentiality agreement. Attractive rent of only $3,450/month including TMI, with approximately 3.5 years remaining on the lease plus a 5-year renewal option. Highly competitive fixed royalty of just $500/month, offering excellent cost control and a strong opportunity for an owner-operator.

Sold data

Homes in Woodstock (Woodstock - South) — recent sold market

Homes in Woodstock (Woodstock - South) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 175 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $597,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$597,000
Sale-to-list ratio
97.6%
Sold above asking
13%

Based on 175 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Woodstock (Woodstock - South)

Woodstock (Woodstock - South) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 4.8/10.

Rated schools
19
Elementary
14
Secondary
5
Average rating
4.8 / 10

Top-rated schools in Woodstock (Woodstock - South)

  • Roch Carrier F.I. PSelementary, WoodstockFraser rating 7.3/10
  • Oliver Stephenselementary, WoodstockFraser rating 6.2/10
  • Sainte-Marguerite-Bourgeoyselementary, WoodstockFraser rating 6.1/10
  • St Patrick'selementary, WoodstockFraser rating 6.0/10
  • Woodstocksecondary, WoodstockFraser rating 5.8/10
  • Springbankelementary, WoodstockFraser rating 5.6/10

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

Currently for sale

Homes for sale near 330 - 305 NORWICH AVENUE