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$699,000
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11923391 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :19 Feb, 2025 (64 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2S 0E6
|
| Price | : $699,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :First Street Louth/ Fourth |
|---|
14 Jan, 2025
TREB #X11923391
Available
$699,000
