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$149,000
Available - For Sale
Listing ID: X12610330
U Need A Pita is a popular Canadian franchise with multiple locations in the Niagara Region, known forits large menu featuring pitas, burgers, wraps, poutines, and more. This downtown St. Catharines location on St. Paul Street sits in the heart of the downtown core with excellent foot traffic and plenty of parking options on both sides of the street. Buyers also have the flexibility to rebrand to a different concept, cuisine, or franchise if they prefer not to continue with the current brand. The unit is equipped with a 25-ft commercial hood system, two walk-ins (1 + 1), and a full complement of equipment. There is one additional parking space at the rear of the unit for ownership. The space includes seating for 25 and has a history of solid, consistent sales. The lease is $3,250 gross including TMI, with 4 + 5 years remaining. Full training is provided pending franchisor approval, and royalties are 4.5% + 1.5%. Please do not go direct or speak to staff or ownership.
Price $149,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 116 St Paul Street , St. Catharines, L2R 3M2, Niagara
Postal Code: L2R 3M2
Province/State: Niagara
Legal Description: LT 35-36 CP PL 2 GRANTHAM; ST. CATHARINE
Directions/Cross Streets: St Paul & Queen St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Business/Building Name: U Need A Pita
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 11-1
Employees #: 5
Seats: 25
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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ROYAL LEPAGE SIGNATURE REALTY

116 St Paul Street , St. Catharines, L2R 3M2, Niagara

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Maria Tompson
Sales Representative
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416-548-7854
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Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Niagara
Municipality: St. Catharines
Neighbourhood: 451 - Downtown
Style:
Lot Size: x 168.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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