# 1176 Pizza/Italian Restaurant

$ 249,000

CLICK HERE TO DOWNLOAD INFORMATION SHEET

This is a popular pizza/Italian franchise. However, this location does not have to stay as a franchise so bring your ideas! Located on a very busy corner on a hospitality street! Great street appeal.

Sales: Gross sales: $650,000 estimated for 2025 year end

Size in sq. ft. 3,568 sq. ft. on two levels

No. of Seats: 76 up and 28 down for a total of 104

Number of parking stalls: None dedicated; street parking and parkade nearby

Financing: Treat as clear title

Style of cuisine: Casual dining; pizza and full-franchise menu

Customer Demographics: Locals from surrounding condos and apartments; business people in area; shoppers

Type of service: Table

Hours of operation:

Noon – 10 pm; 7 days a week

Number of employees: 12 – with 2 full-time and 10 part-time

LEASING INFORMATION:

Rate per month: $14,600 which includes rent, CAM and GST for both levels
C.A.M. Included in above monthly amount
Lease Term: 5 years left Option periods: One 5-year option
Deposit held by Lessor: Nil