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Steve Ialongo
416-846-4004
steve@ialongorealty.com
IALONGO REALTY
8 Sampson Mews Suite 201
Toronto, ON
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X11923391
- Bus Major:
- Restaurant
- Photos (21)
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Il Fornello is one of Ontario's most beloved Italian cuisine franchises with popular and unique locations throughout the province. Known for trendy attractive build outs and designs and a great menu.Full training and support to be provided by head office with a low royalty rate of only 4% + 1%.This isa 4,500 sq ft modern buildout with high ceilings, tons of light, a beautiful bar area, and a full commercial production kitchen complete with 25 ft hood and 2 walk-ins. Please do not go direct or speak to staff or ownership. Potential for rebranding. **EXTRAS** Attractive lease rate of $14,077 gross rent including TMI with 8 + 5 + 5 years remaining. Big liquor license of 145 inside and 62 on the gorgeous patio. Tons of parking and great signage and visibility.The restaurant is in excellent shape.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 4500 sq. ft. Square Feet
- Total Area:
- 4,500 sq. ft.
- Retail Area:
- 4500 sq. ft. Sq Ft
- Depth:
- 787'8"
- Frontage:
- 150'3⅛"
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- Business Commercial
- Heating type:
- Gas Forced Air Closed
- Survey Available:
- No
- Garage:
- Plaza
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Call LBO
- Type Taxes:
- TMI
- Taxes:
- $0 / 2024
- Assessment:
- $- / -
- St. Catharines
- Niagara
- Major Highway, Public Transit
- No
- No
- No
- Amperage:
- 600
- Volts:
- 200
- Utilities:
- Available
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- Yes
- Financial Statements:
- No
- Business/Building Name:
- Il Fornello
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 11:30-9
- Employees:
- 25
- Chattels:
- Yes
- LLBO:
- No
- Outside Storage:
- No
- Seats:
- 207
- Date Listed:
- Jan 14, 2025
- Original Price:
- $699,000
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated April 3, 2025 at 12:15 AM (UTC)
- STEVE IALONGO
- ROYAL LEPAGE SIGNATURE REALTY
- 1 (416) 8464004
- Contact by Email
Office Address:
8 Sampson Mews Suite 201
Toronto, ON, M3C 0H5