116 St Paul Street
St. Catharines, L2R 3M2
FOR SALE
$129,000

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Sale Of Business
CATEGORY1,500 Sq Ft
TOTAL AREAX12610330
MLSIDContact Us
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.
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Property Details
Address
116 St Paul Street
Community
City
Postal Code
L2R 3M2
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Business Commercial
Lot Size
100' x 168'
Total Area
1,500 Sq Ft
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
1
Garage Type
Outside/Surface
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Listing contracted with Royal Lepage Signature Realty
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