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:60365)
BusinessType | Restaurant |
BusinessSubType | Fast foods |
MLS® Number | X12438274 |
Property Type | Business |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 173 Ft ,2 In |
SizeFrontage | 183 Ft ,6 In |
SizeIrregular | Bldg=183.55 X 173.21 Ft |
SizeTotalText | Bldg=183.55 X 173.21 Ft |
ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/28937333/5-383-arthur-street-s-woolwich
Anna Alex
Broker