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224 Graham Road West Elgin (West Lorne), Ontario N0L 2P0

2219 sqft
Fully Air Conditioned Other

$499,999

Opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne! Out to Lunch Pizza has been proudly serving the community for over 16 years, with strong support from local schools, churches, the medical centre, and the West Lorne Minor Hockey Association. Recently renovated, the restaurant features two outdoor patios and a liquor-licensed indoor dining areamaking it the only licensed establishment in town and providing a unique competitive advantage. The sale includes all equipment, including commercial-grade pizza ovens, flat top grills, and fryers. Currently operating just six days a week, there is significant untapped potential to increase revenue by introducing delivery service (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. There is also an exciting opportunity to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. Included in the affordable lease is a separately metered commercial unit of approximately 700 SFideal for launching another business or generating rental income. The lease has recently been renewed on competitive terms through 2033. With strong financials, consistent catering demand, deep community roots, and plenty of avenues for growth, this is a rare chance to acquire a turnkey restaurant with proven performance and excellent future potential. Financials available upon request with a signed confidentiality agreement. (id:41954)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X12280569
Property Type Business
Community Name West Lorne

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 2219 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 132 Ft
Size Frontage 67 Ft ,6 In
Size Irregular 67.5 X 132 Ft
Size Total Text 67.5 X 132 Ft
Zoning Description C

https://www.realtor.ca/real-estate/28596534/224-graham-road-west-elgin-west-lorne-west-lorne

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