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$619,000
Available - For Sale
Listing ID: X12268015
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).Do not approach business/seller directly or disrupt ongoing business. The apartment is tenanted and will not be available during preliminary/initial showings.
Price $619,000
Taxes: $5,211
Tax Type: Annual
Assessment Year: 2024
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: With Property
Use: Pizzeria
Building Percentage: T
Total Area: 2,303
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
Maintenance: 0
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY

256 East Main Stre , Welland, L3B 3W9, Niagara


 
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At a Glance:
Type: Com - Sale Of Business
Area: Niagara
Municipality: Welland
Neighbourhood: 768 - Welland Downtown
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Lot Size: x 99.00(Feet)
Approximate Age: 51-99
Tax: $5,211
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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