1031 - Restaurant Priced Well Below Replacement Value – OFF MARKET
This is a very shiny, relatively new pizza restaurant surrounded by upscale neighbourhoods. The business includes dine-in customers, pick up and delivery. There’s a gorgeous, Italian natural-gas forno oven in the center of the restaurant (cost $95,000 to buy and install). The owner has other businesses and is “spread too thin”. This is an ideal opportunity for a hands-on owner/operator who is connected with social media. Priced WELL BELOW replacement value.
This opportunity will not last long – contact Chris to arrange a showing ASAP!
Gross sales: $17,000 – $18,000 per month
Rate per sq. ft.: $5,500 monthly rent which includes rent, water, CAM and GST.