Franchised Verona Pizza in Baden is currently on the market for sale, offering a prime location surrounded by a fully residential neighborhood, schools, parks, and a community center. Situated near the Kitchener/Waterloo area, this business boasts excellent sales volume, low rent, and a long lease.
With weekly sales averaging approximately $10,000 to $12,000, the food cost is around 32-35%, while the labor cost hovers at 22-25%. The rent, which includes HST & TMI, amounts to $2108.30 per month. The existing lease is valid until 2028, with an additional 5-year option to renew. Utility expenses are estimated at $800-1000 per month, with a monthly royalty fee of $900 and advertising costs of $500.
This property, located at 55 Snyder's Rd W in Wilmot, Ontario, features fully air-conditioned cooling and has a postal code of N3A2M2.