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$310,000
Available - For Sale
Listing ID: X12612278
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.
Price $310,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 383 Arthur Street South , Woolwich, N3B 2P5, Waterloo
Postal Code: N3B 2P5
Province/State: Waterloo
Legal Description: PT LT 1 PL 58M216 BEING PT 1 ON 58R20270
Directions/Cross Streets: Union St/Arthur St S
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Hours Open: 7
Employees #: 4
Seats: 0
Maintenance: 0
Expenses Actual/Estimated: $Act
Rail: N
Clear Height Feet: 10
Truck Level Shipping Doors #: 0
  Height Feet: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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HOMELIFE/MIRACLE REALTY LTD

383 Arthur Street South , Woolwich, N3B 2P5, Waterloo

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Woolwich
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 173.21(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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