304 Stone Road W, Guelph, ON N1G 3C4 (Stone Rd W/Edinburgh Rd S)

Price : $999,000.00 , MLS®# : X12724414

Description

Sale of business of a very successful Comfort Gourmet Franchise Restaurant. This tastefully done Franchise restaurant features 200 seats inside + 46 Patio Seats, large Kitchen, Abundance of Natural light, LLBO licensed. Successful Franchisor with over 20 locations. This location has been in business for over 15 years with long list of loyal clientele. Other Tenants in the plaza: Tim Hortons, Wendy's, Dominos, DQ and many more. Perfect business for groups/individuals looking at learning from this successful franchise and further improve revenues. Franchisor Royalties + Marketing Fees: 5% + 2% of revenue approx. Low Rental: Gross Rent (Net rent+TMI+HST) - $17,500.00 per month Approx, Lease ends April 2028 with Renewal options till April 2038.

Location Description

Stone Rd W/Edinburgh Rd S

Property Details
  • Community: Kortright West
  • Property Type: Owner+Tenant/Commercial
  • Garages: Plaza
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : Plaza
Building Features
  • Heating : Gas Forced Air Open
Land (Lot Features)
  • Frontage: 0 sq.ft
  • Land Depth: 0sq.ft

Listing Contracted With: RE/MAX OPTIMUM REALTY