1162 – Pizza Franchise

$ 599,900

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This is a well-located, very successful Pizza Franchise. There’s lots of parking in the shopping center which is in the middle of very busy traffic arteries. It has recently been totally renovated and shows beautifully. Sales have increased appreciably since Covid. One of the most desirable franchises to be had. Don’t miss it!

Sales: Gross sales: $150,000 per month

Size in sq. ft.6,100 sq. ft.

No. of Seats: 250 including 100 in restaurant and 100 in lounge; 50 on patio

Number of parking stalls: Lots of parking in shopping center

Financing: Treat as clear title

Style of cuisine: Casual dining; quick service breakfast and lunch

Customer Demographics: Wide range of ages; business people; shoppers

Type of service: Table

Hours of operation:

11 am – 9 pm; 7 days a week

Number of employees: 20 – with 15 full-time and 5 part-time

Leasing information:

Rate per sq. ft. $14,000 base rent per month
Monthly: Monthly gross rent $23,099 for rent, CAM and GST
Lease Term: Goes until April 30, 2028 Option periods: To be verified
Deposit held by Lessor: Zero