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).To submit an offer, please include Schedule B and the NDA (Non-Disclosure Agreement) with all submissions.Do not approach business/seller directly or disrupt ongoing business.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
2303 sq. ft. Square Feet
Total Area:
2,303 sq. ft.214 m2
Retail Area:
1332 sq. ft. Sq Ft
Office/Apt Area:
970 sq. ft. Sq Ft
Depth:
99'30.2 m
Frontage:
38'11.6 m
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
DMC
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
2
Possession Details:
As per transition plan
Lot Irregularities:
Lot size irregular
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$5,211 /
2024
Assessment:
$- /
2024
Welland
768 - Welland Downtown
Niagara
Hot Water Tank
Pizzeria equipment as-is, appliances in apartment -Fridge, Stove, Washer and Dryer.,
Tenant's personal property/furnishings/furniture/items
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