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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.
Lease expires in 2033, NET rent increases by $1/s.f. every 5 years.
TMI is approx $11/s.f.
Prime Downtown Barrie store front.
1200 S.F. + useable storage basement. Excellent visibility, recently renovated.
Possible to add 800 sq.ft. by leasing neighbouring unit.
Other Downtown fast food franchises.
Owner is downsizing
Franchise has approval over purchaser, franchise agreement will run to 2033.
Owner and/or Manager will stay to train purchaser for up to 2 months. 1 week of franchise training is mandatory.
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