NewFor Sale

224 Graham Road
West Elgin, Elgin, ON, N0L 2P0

Sale Of Business
TRREB
MLS® Number: X12280569
$499,999List Price
Sale Of BusinessProperty Type
2,219 sq ftSize
RestaurantBusiness Type
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Property Location

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Listing History

Buy/sell history for 224 Graham Road, West Elgin, ON N0L 2P0

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Description

Opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne! Out to Lunch Pizza has been proudly serving the community for over 16 years, with strong support from local schools, churches, the medical centre, and the West Lorne Minor Hockey Association. Recently renovated, the restaurant features two outdoor patios and a liquor-licensed indoor dining areamaking it the only licensed establishment in town and providing a unique competitive advantage. The sale includes all equipment, including commercial-grade pizza ovens, flat top grills, and fryers. Currently operating just six days a week, there is significant untapped potential to increase revenue by introducing delivery service (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. There is also an exciting opportunity to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. Included in the affordable lease is a separately metered commercial unit of approximately 700 SFideal for launching another business or generating rental income. The lease has recently been renewed on competitive terms through 2033. With strong financials, consistent catering demand, deep community roots, and plenty of avenues for growth, this is a rare chance to acquire a turnkey restaurant with proven performance and excellent future potential. Financials available upon request with a signed confidentiality agreement.

Features

No features available

Amenities

No amenities available

Summary

Listing #:X12280569
Property Type:Sale Of Business
Size:2,219 sq ft
Land Size:67.5 x 132
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Sale Of Business
Community:West Lorne
Municipality:Elgin

Building

Size:2,219 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Main St

$499,999

List price

224 Graham Road, West Elgin – Sale Of Business for sale · MLS® # X12280569