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300 Fourth Avenue Image 1

$699,000

Jan 14Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X11923391

300 Fourth Avenue, St. Catharines, ON L2S 0E6

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Average Price
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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 300 Fourth Avenue

Il Fornello is one of Ontario's most beloved Italian cuisine franchises with popular and unique locations throughout the province. Known for trendy attractive build outs and designs and a great menu.Full training and support to be provided by head office with a low royalty rate of only 4% + 1%.This isa 4,500 sq ft modern buildout with high ceilings, tons of light, a beautiful bar area, and a full commercial production kitchen complete with 25 ft hood and 2 walk-ins. Please do not go direct or speak to staff or ownership. Potential for rebranding. **EXTRAS** Attractive lease rate of $14,077 gross rent including TMI with 8 + 5 + 5 years remaining. Big liquor license of 145 inside and 62 on the gorgeous patio. Tons of parking and great signage and visibility.The restaurant is in excellent shape.

Home Overview

Last updated

Feb 19

Virtual tour

None

Basement information

Building size

4500

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE SIGNATURE REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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