$799,000
Available - For Sale
Listing ID: X9248904
300C Fourth Ave , Unit C, St. Catharines, L2S 0E6, Ontario
| Ready to join an Italian restaurant franchise in the heart of St. Catherines with top of the line equipment, fantastic franchise support, and no expense spared? Well, we have you covered here with Il Fornello's St. Catherine's location located at Fourth Ave & First Street Louth in St. Catherine's First Place Plaza surrounded by thriving businesses, new developments, loads of residential and ample parking. The Il Fornello brand was introduced in 1986 has not looked back ever since. With 7 locations and more on the way, this progressive franchise has been setting trends with it's plant based and gluten free additions to accommodate the masses. Under the Il Fornello family, franchisees receive complete training and support, pay low royalty of 4%, an advertising fee of 5%, and untapped potential to maximize your profits. Please do not go direct or speak to staff. Your discretion is appreciated. |
| Extras: * Net Rent = $8,523.75 * TMI = $4,356.58 * Lease Term = 7 Years Remaining + 2 x 5 Year Renewal Options * 4546 Sq Ft * |
| Price | $799,000 |
| Taxes: | $0.00 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 300C Fourth Ave , Unit C, St. Catharines, L2S 0E6, Ontario |
| Apt/Unit: | C |
| Postal Code: | L2S 0E6 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Fourth Ave & First Street Louth |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 4546.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 100 |
| Retail Area Code: | % |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Hours Open: | 11:30am |
| Employees #: | 15 |
| Seats: | 140 |
| LLBO: | Y |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | St. Catharines |
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