$699,000
Available - For Sale
Listing ID: X11923391
300 Fourth Ave , St. Catharines, L2S 0E6, Ontario
| Il Fornello is one of Ontario's most beloved Italian cuisine franchises with popular and unique locations throughout the province. Known for trendy attractive build outs and designs and a great menu.Full training and support to be provided by head office with a low royalty rate of only 4% + 1%.This isa 4,500 sq ft modern buildout with high ceilings, tons of light, a beautiful bar area, and a full commercial production kitchen complete with 25 ft hood and 2 walk-ins. Please do not go direct or speak to staff or ownership. Potential for rebranding. |
| Extras: Attractive lease rate of $14,077 gross rent including TMI with 8 + 5 + 5 years remaining. Big liquor license of 145 inside and 62 on the gorgeous patio. Tons of parking and great signage and visibility.The restaurant is in excellent shape. |
| Price | $699,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy: | Tenant |
| Address: | 300 Fourth Ave , St. Catharines, L2S 0E6, Ontario |
| Postal Code: | L2S 0E6 |
| Province/State: | Ontario |
| Legal Description: | UNIT 8, LEVEL 1, NIAGARA NORTH VACANT LA |
| Lot Size: | 150.26 x 787.66 (Feet) |
| Directions/Cross Streets: | First Street Louth/ Fourth |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | N |
| Total Area: | 4500.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 4500 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Business/Building Name: | Il Fornello |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 11:30-9 |
| Employees #: | 25 |
| Seats: | 207 |
| LLBO: | N |
| Sprinklers: | N |
| Washrooms: | 3 |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Volts: | 200 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm |
| Water: | Municipal |
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| ROYAL LEPAGE SIGNATURE REALTY |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | St. Catharines |
| Lot Size: | 150.26 x 787.66(Feet) |
| Baths: | 3 |
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