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$ 499,999
Est. payment | /mo
2,219 SqFt
$ 499,999
Est. payment | /mo
2,219 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,219 sqft
Price per Sqft $225
Subdivision West Lorne
MLS Listing ID X12280569
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Opportunity to own a highly profitable and long-standing pizza restaurant in the heart of West Lorne! Out to Lunch Pizza has been proudly serving the community for over 16 years, with strong support from local schools, churches, the medical centre, and the West Lorne Minor Hockey Association. Recently renovated, the restaurant features two outdoor patios and a liquor-licensed indoor dining areamaking it the only licensed establishment in town and providing a unique competitive advantage. The sale includes all equipment, including commercial-grade pizza ovens, flat top grills, and fryers. Currently operating just six days a week, there is significant untapped potential to increase revenue by introducing delivery service (frequently requested), launching online ordering, opening for breakfast and on Sundays, and utilizing the existing tap beer system. There is also an exciting opportunity to host live music events and build a social media presence, as the business currently has no online marketing or social platforms in place. Included in the affordable lease is a separately metered commercial unit of approximately 700 SFideal for launching another business or generating rental income. The lease has recently been renewed on competitive terms through 2033. With strong financials, consistent catering demand, deep community roots, and plenty of avenues for growth, this is a rare chance to acquire a turnkey restaurant with proven performance and excellent future potential. Financials available upon request with a signed confidentiality agreement.
Location
State ON
County Elgin
Community West Lorne
Area Elgin
Interior
Cooling Yes
Exterior
Lot Frontage 67.5
Lot Depth 132.0
Listed by EXP REALTY
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