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$139,900
Available - For Sale
Listing ID: N12748350
289 Main Street , King, L0G 1T0, York


Exceptional opportunity for a food lover to own a long established, turnkey take out and eat in business in the heart of Schomberg. Situated at Hwy 9 & 27, this establishment has served the families of King Township since 1987 with its famous pizza and wings and expanded in 2020 as the township's only smokehouse offering brisket, pulled pork, BBQ chicken and more. As part of King Township, this business benefits from local demographics showing median household income (2021) of $150,000-$160,000, compared to nearby Newmarket where household median income was $100,000. Located steps from the Trisan Community Centre and Schomberg Fairgrounds, this high visibility operation has strong foot traffic, street parking plus 1-3 private rear spaces, solid financials of approx. $5,000/week in sales, low overhead, and a competitive $2,100/mo (+HST) gross lease through 2026 with only 3% annual increases to 2030; features include 800 sq. ft. main floor with 10 ft fire suppression hood, walk in cooler, basement storage, indoor seating for 10-14 plus a 6 month seasonal patio for 12-14, along with a branded website, online ordering, delivery services, part of local school lunch program and excellent customer reviews. Sale includes experienced staff, full recipe and operations manual, proprietary sauces, vendor contacts, and SafeCheck certification-making this a rare chance to acquire a thriving, one of a kind Schomberg staple with strong household income demographics and outstanding growth potential for an owner operator or investor.
Price $139,900
Taxes: $0.00
Tax Type: TMI
Occupancy: Owner
Address: 289 Main Street , King, L0G 1T0, York
Postal Code: L0G 1T0
Province/State: York
Directions/Cross Streets: Main St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
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Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
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Washroom Type 32 0
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Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 0
Washroom Type 37 0
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 800.00
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Approximatly Age: 51-99
Business/Building Name: LEONARDO'S Pizza & Smokehouse
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 50-54
Employees #: 2
Seats: 8
Sprinklers: Part
Washrooms: 0
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
JN REALTY
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: King
Neighbourhood: Schomberg
Style:
Lot Size: x 148.00(Feet)
Approximate Age: 51-99
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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