$310,000

Commercial For Sale In Woolwich, Ontario

$310,000

Property Information:

Rare opportunity to own the only Gino's Pizza location in Elmira, ON, serving both Elmira and St. Jacobs. Opened in May 2024, this turn-key franchise has already built a loyal customer base in a high-traffic, high-visibility area. Strong sales, modern equipment, and quality leasehold improvements make this a true turn key operation. The 1,200 sq ft store is fully equipped and operating with strong and steady demand across two growing communities. The lease is secured until December 2033, with two additional five-year renewal options. Low monthly rent of $4,068 (TMI included) provides excellent long-term stability. A franchise transfer fee of $25,000 applies. The seller will be responsible for $12,500 plus HST, with the buyer responsible for $12,500 plus HST. An ideal opportunity for entrepreneurs or investors seeking a strong, established franchise with significant growth potential. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 1200 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 1200 Square Feet
  • Lot Depth: 173.2 Feet
  • Lot Frontage: 183.5 Feet
  • Zoning: Commercial

Courtesy of: HOMELIFE/MIRACLE REALTY LTD

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.