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2980 Island Hwy , Unit 530
Nanaimo, BC V9T 5V4

$375,000

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Listing Details

  • $375,000
  • MLS# 1026776
  • Type Commercial - Business
  • Status Active
  • 0.030 acres
    Lot Size

Listed By

Agency Name: Century 21 Coastal Realty Ltd
Agency Phone: 604-507-8851

Shown By

Agency Title: DFH Real Estate LTD
Agency Phone: 250-477-7291

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Home Value Estimate


Description

Premium Pizza Franchise with around 200 locations Canada wide, Location Nanaimo, Prime location in a famous strip mall, heavy footfall, no dearth of parking, NO DEMO CLAUSE, Gross yearly sales around 535K, Gross Monthly rent $3791 Plus GST, Current lease till 2031 with one 5 year option to renew, Subject premises 1142 sq ft, Business in operation since July 2023. Yearly Net profit ranges between 90K-105K plus this is the only Franchise location in Nanaimo. Endless scope to grow, Rare business opportunity. NDA required.

Features

  • Property Type: Commercial - Business
  • Days on Site: 36
  • Lot Size: 0.03 Acres
  • Parking: On Site
  • Parking Notes: On Site

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