Commercial – 16700 Bayview Avenue, Newmarket, ON
$179,000 CAD
Property Description
Exceptional opportunity to own a highly rated premium Neapolitan-style pizza business with outstanding customer reviews and a strong local reputation. This turnkey operation features short and manageable hours (11 AM – 9 PM), closed Mondays, and offers dine-in and take-out only, with significant potential to further expand delivery operations and increase revenue. The business is equipped with a high-end gas pizza oven valued at approximately $50,000, capable of cooking authentic Neapolitan pizzas in just 90 seconds. Additional equipment includes two commercial exhaust hoods with grill and fryer setup, allowing for easy menu expansion. Currently serving pizza only, there is tremendous opportunity to introduce veal and chicken sandwiches, fries, and additional menu items to maximize sales. Strong and consistent monthly sales ranging from approximately $29,000 to $32,000/month. Located in a busy plaza with the exclusive right to sell pizza within the complex, providing a major competitive advantage and built-in customer base. Ideal opportunity for owner-operators, families, or experienced restaurateurs looking to step into a profitable and growing business with excellent systems already in place.
Property Details
Type
Commercial
Location
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Lease Cost Summary
Estimated occupancy costs based on the listed rate.
Listed Rate
$179,000 / mo
Monthly Cost
$179,000
Annual Cost
$2,148,000
* TMI (taxes, maintenance, insurance) and utilities may be additional. Talk to Maneesh for full lease terms.
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