Sale Of BusinessMLS® X12724414
304 Stone Road W
Kortright West, Guelph, ON N1G 3C4
$999,000
About This Property
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.
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