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300 Fourth Avenue

Sale Of Business For Sale in 459 - Ridley, St. Catharines

$699,000
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.
Address
300 Fourth Avenue
List Price
$699,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
St. Catharines
Sub-Area
459 - Ridley
County
Niagara
Bathrooms
3
Lot Depth
787.66
Lot Type
Lot
Lot Size Units
Feet
Lot Width
150.26
MLS® Number
X11923391
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
L2S 0E6
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Plaza
Security Features
No
Sewer
Sanitary+Storm

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Michael Ouzas

Royal LePage Signature Realty, Brokerage

495 Wellington Street West Toronto ON M5V 1G1

Mobile: 647-920-0729

Office: 416-205-0355

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