Own a Piece of Welland's Culinary Legacy: Volcano Pizzeria Business & Property for Sale. This is a unique opportunity to acquire Volcano Pizzeria, a highly successful and beloved institution in Welland, Ontario, along with its commercial property, which includes an income-generating rental apartment. For over 40 years, Volcano Pizzeria has been a community cornerstone, renowned for its exceptional homestyle pizza and a loyal customer base.Volcano Pizzeria is more than just a business; it's a well-established legacy. With four decades of operation, it boasts a strong brand presence and a reputation for delicious pizza. The sale includes: Proven Success,Time-Tested Recipes, Diverse Menu, Established Operations and all essential kitchen equipment, fixtures, and operational assets are included, allowing for a seamless transition.A new owner can infuse fresh energy, enhance marketing, and optimize operational efficiencies to further boost this already thriving business.This offering includes the valuable commercial real estate where Volcano Pizzeria operates, providing long-term appreciation potential and investment security. Key property highlights include Strategic Location, Growth Potential, Investment Security and an Income-Generating Rental Apartment. Adding significant value, the upper level of the property features a 3-bedroom, 1-bathroom rental apartment with a patio and an existing tenant. This unit provides an attractive and immediate income stream, enhancing the overall profitability of the acquisition. It also features a private deck and parking. Important Note: The neighboring property has a right-of-way on the side alley.The SELLER IS WILLING TO HOLD A FIRST MORTGAGE/VTB with a 30% deposit and O.A.C. (On Approved Credit).To submit an offer, please include Schedule B and the NDA (Non-Disclosure Agreement) with all submissions.Do not approach business/seller directly or disrupt ongoing business. |
Price | $619,000 |
Taxes: | $5211.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Owner+T |
Address: | 256 East Main Stre , Welland, L3B 3W9, Niagara |
Postal Code: | L3B 3W9 |
Province/State: | Niagara |
Directions/Cross Streets: | Division St and East Main St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | With Property |
Use: | Pizzeria |
Building Percentage: | T |
Total Area: | 2303.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 970 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Approximatly Age: | 51-99 |
Business/Building Name: | Volcano Pizzeria Welland |
Financial Statement: | F |
Chattels: | F |
Franchise: | F |
Days Open: | O |
Hours Open: | Tuesday |
Employees #: | 4 |
Seats: | 8 |
Expenses Actual/Estimated: | $Est |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Partial |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE NRC REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Niagara |
Municipality: | Welland |
Neighbourhood: | 768 - Welland Downtown |
Approximate Age: | 51-99 |
Tax: | $5,211 |
Fireplace: | N |