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383 Arthur Street

383 Arthur Street

Woolwich, ON

1,200 sqft • Sale Of Business • 261 days on market

$310,000

Rare opportunity to own the only Gino's Pizza location in Elmira, ON, serving both Elmira and St. Jacobs. Opened in May 2024, this turn-key franchise has already built a loyal customer base in a high-traffic, high-visibility area. Strong sales, modern equipment, and quality leasehold improvements make this a true turn key operation. The 1,200 sq ft store is fully equipped and operating with strong and steady demand across two growing communities. The lease is secured until December 2033, with two additional five-year renewal options. Low monthly rent of $4,068 (TMI included) provides excellent long-term stability. A franchise transfer fee of $25,000 applies. The seller will be responsible for $12,500 plus HST, with the buyer responsible for $12,500 plus HST. An ideal opportunity for entrepreneurs or investors seeking a strong, established franchise with significant growth potential.

Listing Details

Listed
December 9, 2025

Price History

Property

Lot Size
183.55 x 173.21 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Union St/Arthur St S
Zoning
Commercial
Parcel Number
222390136
Possession
Immediate

Commercial

Business Type
Fast Food/Takeout
Occupancy
Owner

Community

Postal area N3B

Population
13,190
Private dwellings
4,824
Median age
38.4
Average household size
2.7
Median household income
$107,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Woolwich · last 12 months

Median sold price
$835,000
Homes sold
205
Median days on market
23
Sale-to-list price
98.4%

Based on 205 recorded sales of commercial properties in Woolwich over the last 12 months.

Listed by

HOMELIFE/MIRACLE REALTY LTD

Location

Commercial figures

Building area
1,200 sq ft
Price per sq ft
$258.33

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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