581 Garafraxa Street S, West Grey
Backed by Chairman's Brands, one of Canada's largest QSR groups, this well-established New Orleans Pizza franchise presents an exceptional opportunity in the growing community of Durham, Grey County. Operating successfully for over 25 years, with the current owner in place for 15+ years and now retiring, this is a well-timed opportunity to acquire a deeply rooted business with a loyal customer base and proven operating history.Strategically located on Highway 6, the primary route connecting Southern Ontario to Owen Sound, the Bruce Peninsula, and Grey County cottage country, the business benefits from consistent traffic generated by local residents, commuters, seasonal visitors, campers, and tourists throughout the year. The bright, highly visible storefront features ample parking and shares the site with a busy gas station, creating a natural stop for travellers heading north and south.Offering approximately 1,500 sq ft, this location features a full dining room, spacious kitchen, and generous customer lobby - significantly larger than a typical pizza franchise footprint. Monthly rent of approximately $2,200 is exceptionally attractive for a fully built-out franchise operation of this size.Durham continues to experience significant investment and growth, including new residential development, expanded healthcare services, and a new police station, supporting long-term population growth and increasing consumer demand. Uber Eats, DoorDash, and SkipTheDishes have recently been added, with delivery penetration in this market still in early stages.Financial statements available upon execution of an NDA. Head lease with Franchise. (id:1945)
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Property details for 581 Garafraxa Street S, West Grey
- Type
- Commercial
- Lot Size
- N/A
- Heating
- Forced air
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 581 Garafraxa Street S
Active Listings
23
Min Price
$124,000
Max Price
$1,249,500
Avg Price
$608,561
Days on Market
94
days
Sold Listings
4
Min Sold Price
$344,900
Max Sold Price
$1,114,999
Avg Sold Price
$765,725
Days until Sold
100
days
Neighbourhood Census Data
West Grey, Ontario
Population
474
Median Age
60.4
Median Income
$29,269
Dwelling Value
$224,648
Housing Tenure
Owners 66%
Renters 34%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 389.9/km²
Avg Shelter Cost: $823/mo
Owners with Mortgage: 43.5%
Owners Spending 30%+: 13%
Tenants Spending 30%+: 0%
English only: 94.7%
English and French: 5.3%
Median Household Income: $54,656
Median Employment Income: $32,512
Price History
Listed
June 30, 2026
by EXP REALTY
Current Price
$124,000
Type
Commercial
For Sale