Business For Sale · Specialty

260 DOON SOUTH Drive Unit# 10, Kitchener

260 DOON SOUTH Drive Unit# 10, Kitchener, ON N2P2X3

$219,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

About this property

Welcome to Pizzeria La Terrazza – Established Gourmet Pizzeria in the Heart of Doon South, Kitchener..Discover a remarkable opportunity to own a thriving, privately owned gourmet pizza restaurant located in Kitchener’s sought-after Doon South community — a vibrant, family-oriented area home to over 31,000 residents. This 955 sq. ft. restaurant features a well-maintained interior with seating for 20+ guests, plus a 16-seat licensed patio, both fully approved under the LLBO for alcohol service. Renowned for its authentic, handcrafted pizzas and loyal local following, Pizzeria La Terrazza is a beloved destination for lunch, dinner, and relaxed evenings. Ideally situated within a dense residential hub, the business benefits from steady foot traffic, excellent visibility, and a strong repeat customer base. The location also offers untapped potential to expand catering or delivery services to four nearby schools located just 4–7 minutes away. The sale includes a long-term lease with very reasonable rent, providing an outstanding turnkey opportunity for an owner-operator. Fully equipped and ready to operate, the space offers flexibility — continue its success as a boutique pizzeria or transform it into your own franchise or specialty dining concept. A rare opportunity to own a proven, profitable business in one of Kitchener’s fastest-growing communities! (id:66811)

Financial sandbox

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Estimate
Purchase price$220K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$2K

Cash-on-cash

3.30%

DSCR

1.18

Going-in cap

6.53%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

126,063

Households

59,511

Median income

$126,500

Median age

36.4

Daytime population

115,797

5-yr growth

0.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 260 DOON SOUTH Drive Unit# 10, Kitchener.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.