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$ 149,000
Est. payment /mo
New
116 St Paul ST St. Catharines, ON L2R 3M2
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 451 - Downtown
MLS Listing ID X12610330
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 100.12
Lot Depth 168.0
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY