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$ 315,000
Est. payment /mo
Active
383 Arthur ST S #5 Woolwich, ON N3B 2P5
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12438274
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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.
Location
State ON
County Waterloo
Area Waterloo
Zoning Commercial
Interior
Cooling Yes
Exterior
Parking Features Plaza
Building
Lot Description Building
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