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Listed by Mudit Mehta • ELIXIR REAL ESTATE INC
$1
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40834863
Property Sub-Type Commercial
Source Cornerstone
Property Description
A rare opportunity to launch a brand-new City Pizza franchise in a prime, high-exposure location in the Town of Essex. OFFERED DIRECLTY BY THE FRANCHISOR , this upcoming location at 245 Talbot Street North will be delivered as a fully branded, turnkey operation complete with brand-new equipment and built to current franchise specifications. Positioned in a busy commercial plaza with ample parking and excellent visibility, the site benefits from a high school directly across the street, generating strong daily traffic and long-term customer potential. City Pizza is a growing franchise brand with more than 30 locations, recognized for its diverse menu offerings including traditional and specialty pizzas, halal options, vegan selections, gluten-free products, oven-baked wings, and other popular menu items. Franchisees benefit from comprehensive training, ongoing operational support, marketing assistance, and a simple flat monthly royalty structure. The location offers a long-term lease extending through 2034, plus additional 5-year renewal options, providing stability and security for future growth. With approximate monthly net rent of $2,916.67 plus TMI of approximately $1,100, this opportunity offers a cost-effective entry into the restaurant franchise industry. Financing assistance may be available for qualified purchasers through the Canada Small Business Financing Program (CSBFP). Subject to lender credit approval and program eligibility, FINANCING OF UP TO 90% of project costs may be available. Ideal for owner-operators, families, first-time business buyers, newcomers to Canada, or investors seeking a scalable franchise opportunity backed by an established and growing franchise system. Purchaser must be approved by the Franchisor.
Location
Province ON
County Essex
Area Essex
Zoning COMMERCIAL
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description Ample Parking, High Traffic Area, Rec./Community Centre, Other
New Construction No
Others
Senior Community No
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