Quick King ON MLS Search

Browse All King ON Under $200K Properties for Sale

$139,900
N12748350 MLS
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 $2,163/mo (+HST) gross lease for 2026 to Mar-2027, 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.

289 Main Street, King

Start Your Search

Under $200K King Real Estate

Our website features the best real estate search for under $200k properties available in King and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!