520 DURHAM ST E

WALKERTON Ontario N0G2V0

$499,900

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Address

Street Address
520 DURHAM ST E
City
WALKERTON
Province
Ontario
Postal Code
N0G2V0
Country
Canada

Property Features

Listing ID
1716944
Ownership Type
Leasehold
Property Type
Business

Property Description

2017 net income is close to $120,000 as of October. Year-to-date sales are up 21% compared to same period last year. $85,000 in chattels included. This top rated wood fired pizza place is located in the little bustling town of Walkerton. The Old Garage Wood Fired Pizza has seen incredible success in the three plus years of operating. From day one both owners have taken a steady salary, and have seen continued growth to date. Known for hours in each direction as the place to go for great pizza. The setting is a former garage with automotive decor, yet modern and fun. Reason they are selling comes down to having a young family they want to spend more time with. The Old Garage has been featured on the CBC morning show with Wei Chen with people voting them the best pizza around. This restaurant is growing with new customers daily & is ready for a new set of owners to take it to the next level! Low lease rates for the next 3 years with an option to renew. (id:2494)

Property Details

ID
18469011
Ammenities Near By
Shopping
Features
Visual exposure
Lease Per Unit
square feet
Lease Type
Net Escalating
Location Description
Directly across from Tim Hortons.
Price
499,900
Transaction Type
For sale
Zoning Description
n/a

Building

Heating Fuel
Natural gas, Wood
Heating Type
Forced air
Roof Material
Tar & gravel
Roof Style
Unknown
Stories Total
1.00
Size Interior
1197 sqft
Type
No Building

Land

Size Total Text
150'X125' BUSINESS ONLY
Access Type
Year-round access
Amenities
Shopping
Size Irregular
150'X125' BUSINESS ONLY

Business

Business Type
Restaurant, Retail and Wholesale
Business Sub Type
Restaurant/fast food, Food store
Listing Office: WILFRED MCINTEE & CO LTD Brokerage (Walkerton)