Franchised Verona Pizza in Baden is currently on the market for sale. The establishment is situated in a fully residential neighborhood, surrounded by schools, parks, a community center, and more. It is conveniently located near the Kitchener/Waterloo area.
This business has proven to be quite successful, boasting great sales volume, low rent, and a long lease. On a weekly basis, the sales amount to approximately $10,000 - $12,000. The food cost is estimated to be around 32-35%, while the labor cost is approximately 22-25%. The rent, which includes HST & TMI, totals $2108.30 per month. The existing lease is in place until 2028, with an option to renew for an additional 5 years. Utility expenses are estimated to be around $800-1000 per month, with a monthly royalty fee of $900 and advertising costs of $500.
This property is located at 55 Snyder Road W in the city of Baden, Ontario. The postal code for this location is N3A2M2.