$799,000 FOR SALE

Franchise Business for Sale

Restaurant

Total Area: 4,546 ft2

300C Fourth Ave #C
St. Catharines, ON L2S 0E6 | Niagara

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 *

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9248904
Last Updated Aug 12, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Franchise
Category Without Property
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Fourth Ave & First Street Louth
Area Niagara
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Retail Area 100 percent
Total Area 4,546 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Hours Open 11:30am
LLBO Y
Employees 15
Heat Type Gas Forced Air Closd
Financial Statement Y
Seats 140
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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