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5 - 383 Arthur Street S Woolwich, Ontario N3B 2P5

Fully Air Conditioned Forced Air

$315,000

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:41954)

Business

Business Type Restaurant
Business Sub Type Fast foods

Property Details

MLS® Number X12438274
Property Type Business

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage No
Size Depth 173 Ft ,2 In
Size Frontage 183 Ft ,6 In
Size Irregular Bldg=183.55 X 173.21 Ft
Size Total Text Bldg=183.55 X 173.21 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/28937333/5-383-arthur-street-s-woolwich

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