C-300C Fourth Avenue, St. Catharines | Image 1

C-300C Fourth Avenue

St. Catharines

  • Commercial

$799,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X9248904

  • Days on Site: 3 Days

  • Added: Aug 09, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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 *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: St. Catharines

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Fourth Ave & First S

  • Municipality District: St. Catharines

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 15

  • Retail Area: 100

  • Retail Area Metric: %

  • Total Area: 4546

  • Total Area Metric: Sq Ft

  • Hours Open: 11:30am

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 140

  • Financial Statement: Y

  • LLBO: Y

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