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$ 310,000
Est. payment | /mo
1,200 SqFt
$ 310,000
Est. payment | /mo
1,200 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $258
MLS® Listing ID X12612278
Lot Size 1200.000 Acres
Acres 1200.0
Source Toronto Regional Real Estate Board
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE/MIRACLE REALTY LTD
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Nest Real Estate Group
Real Estate Team | License ID: 139039