Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Prime Pita Pit Franchise Available High Traffic For Sale

27 Dunlop St W, Barrie, Ontario, Canada
Asking Price:
$315,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$325,000 (CAD)
Cash Flow:
$30,000 (CAD)

Fantastically managed and operated Pita Pit located on Dunlop Street West in Barrie near the Five points intersection. Excellent frontage and visibility to Bayfield Street and high traffic on Dunlop Street West. Restaurant is run by a Manager, not owner operated. Income averages $300k-$325k gross sales. Restaurant fully up to date on franchise required renovations. Lease in place until 2033 at an ideal rate.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires in 2033, NET rent increases by $1/s.f. every 5 years.
TMI is approx $11/s.f.

Lease Rent:
$16 (CAD) per sq ft per annum
Location:

Prime Downtown Barrie store front.

Premises Details:

1200 S.F. + useable storage basement. Excellent visibility, recently renovated.

Size in square feet:
1,200
Planning Consent:

C1

Business Operation

Expansion Potential:

Possible to add 800 sq.ft. by leasing neighbouring unit.

Competition / Market:

Other Downtown fast food franchises.

Reasons for selling:

Owner is downsizing

Trading hours:

Monday 11a.m.–11p.m.
Tuesday 11a.m.–11p.m.
Wednesday 11a.m.–11p.m.
Thursday 11a.m.–11p.m.
Friday 11a.m.–3a.m.
Saturday 11a.m.–3a.m.
Sunday 12–11p.m.

Employees:
9
Years established:
22

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise has approval over purchaser, franchise agreement will run to 2033.

Other Information

Support & training:

Owner and/or Manager will stay to train purchaser for up to 2 months. 1 week of franchise training is mandatory.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$35,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD)

Contact Ed Lowe Limited, Brokerage

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here