530-2980 Island Hwy, Nanaimo, BC
Listing Details
MLS®: 1043711
LIST TYPE: COMMERCIAL
PRICE: $280,000
Rare opportunity to acquire a well-established premium pizza franchise in a prime Nanaimo location. Part of a recognized Canadian brand with approximately 200 locations nationwide, this is currently the only franchise location in Nanaimo. Situated in a popular, high-traffic strip mall, the business benefits from excellent visibility, strong foot traffic, and ample customer parking.
The approximately 1,142 sq. ft. premises have been operating since July 2023 and generate gross annual sales of approximately $535,000. Annual net profit is estimated between $90,000 and $105,000. Gross monthly rent is approximately $3,791 plus GST. The current lease runs until 2031 and includes one additional five-year renewal option. The lease also features a valuable no-demolition clause, providing added security for the business.
With an established franchise system, growing customer base, and further potential to expand sales through marketing, delivery, catering, and extended operating hours, this is an excellent opportunity for an owner-operator or investor.
Confidential commercial listing.
Confidentiality is required, and an NDA must be signed before further information is released.
Contact us today!
Alvin Tan RealEstate
Office: 778-762-0707
Email: [email protected]
LISTING DETAILS
Location:
530 - 2980 Island Hwy Nanaimo BC V9T 5V4
Business Type:
Restaurant
Lot SqFt:
1,142 sqft / 0.03 acre
Onsite Parking:
Yes
Building Features:
Transit Nearby, Easy Access, Visual Exposure, Recreation Nearby
Legal Description:
Business Sale Only
Dining Options:
Take Out, Delivery, Pick Up
Exist Lease Type:
Assignment of Lease
Confidential Info:
Information Package available upon signing a Non-Disclosure Agreement (NDA). Contact for more info.
MLS®: 1043711
LIST TYPE: COMMERCIAL
PRICE: $280,000
Rare opportunity to acquire a well-established premium pizza franchise in a prime Nanaimo location. Part of a recognized Canadian brand with approximately 200 locations nationwide, this is currently the only franchise location in Nanaimo. Situated in a popular, high-traffic strip mall, the business benefits from excellent visibility, strong foot traffic, and ample customer parking.
The approximately 1,142 sq. ft. premises have been operating since July 2023 and generate gross annual sales of approximately $535,000. Annual net profit is estimated between $90,000 and $105,000. Gross monthly rent is approximately $3,791 plus GST. The current lease runs until 2031 and includes one additional five-year renewal option. The lease also features a valuable no-demolition clause, providing added security for the business.
With an established franchise system, growing customer base, and further potential to expand sales through marketing, delivery, catering, and extended operating hours, this is an excellent opportunity for an owner-operator or investor.
Confidential commercial listing.
Confidentiality is required, and an NDA must be signed before further information is released.
Contact us today!
Alvin Tan RealEstate
Office: 778-762-0707
Email: [email protected]
LISTING DETAILS
Location:
530 - 2980 Island Hwy Nanaimo BC V9T 5V4
Business Type:
Restaurant/Bar
Onsite Parking:
Yes
Building Features:
Transit Nearby, Easy Access, Visual Exposure, Recreation Nearby
Legal Description:
Business Sale Only
Dining Options:
Take Out, Delivery, Pick Up
Exist Lease Type:
Assignment of Lease
Confidential Info:
Information Package available upon signing a Non-Disclosure Agreement (NDA). Contact for more info.
Requested and signed the NDA for more details about this property.
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