$310,000
Available - For Sale
Listing ID: X12612278
383 Arthur Street South , Woolwich, N3B 2P5, Waterloo
| 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: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Without Property |
| Use: | Fast Food/Takeout |
| Building Percentage: | F |
| Total Area: | 1200.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Hours Open: | 7 |
| Employees #: | 4 |
| Seats: | 0 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| 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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| HOMELIFE/MIRACLE REALTY LTD |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Woolwich |
| Neighbourhood: | Dufferin Grove |
| Fireplace: | N |
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