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$ 310,000
Est. payment | /mo
$ 310,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12612278
Tax Year 2025
Property Sub-Type Sale Of Business
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.
Location
State ON
County Waterloo
Area Waterloo
Interior
Cooling Yes
Exterior
Lot Frontage 183.55
Lot Depth 173.21
Others
ParcelsYN No
Listed by HOMELIFE/MIRACLE REALTY LTD
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