$315,000

Commercial For Sale In Woolwich, Ontario

$315,000

Property Information:

This is the only Ginos Pizza location in Elmira, Ontario, situated just 15 km north of Waterloo. Opened in May 2024, the franchisee has successfully grown a loyal customer base and established the business in a high-traffic area. Now available for sale due to personal commitments, this turnkey operation features impressive sales, a dedicated clientele, and a prime location with excellent visibility. The store is 1,200 sq. ft. space, fully equipped with premium industry standard equipment and high-quality leasehold improvements. The lease is until December 2033, with a renewal option of two additional five-year terms. Low rent at $4,068 per month, including TMI. A franchise transfer fee of $25,000 applies, with the seller covering $12,500 + HST and the buyer responsible for the remaining$12,500+HST. (id:27)

Building Features:

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

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 173.2 Feet
  • Lot Frontage: 183.5 Feet
  • Lot Size: Bldg=183.55 x 173.21 FT
  • 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.