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$289,000
Available - For Sale
Listing ID: X12793294
Positioned at the prime intersection of King St and Erb St - widely recognized as one of the most desirable commercial corridors in Waterloo - this is a truly turnkey restaurant opportunity ready for immediate operation. The space is fully equipped with brand-new commercial equipment, including a 10-foot hood, two deep fryers, 8-burner stove range, commercial coolers and freezers, 3-compartment sink, stainless steel prep tables, and a professionally built above-ground grease trap. A recently approved LLBO license allows for up to 72 seats, including a patio, offering excellent revenue potential. The dining area is thoughtfully designed with a modern and refined aesthetic, and the business is already operating successfully. Currently home to a well-known and profitable franchise brand, the buyer has the flexibility to either take over the existing franchise and continue its proven model or introduce their own original concept in this high-demand location. The lease is highly attractive, with reasonable rent secured until November 30, 2030, plus a 5-year renewal option - providing long-term stability in one of Waterloo's busiest and most sought-after areas. After touring other available restaurant listings in Waterloo, the value of this fully prepared and income-generating opportunity becomes clear. A rare chance to step into a thriving location with infrastructure, licensing, and momentum already in place - though it may not remain available for long.
Price $289,000
Taxes: $0
Tax Type: Annual
Monthly Condo Fee: $0
Occupancy by: Tenant
Address: 23 King Street North , Waterloo, N2J 2W6, Waterloo
Postal Code: N2J 2W6
Province/State: Waterloo
Legal Description: 0
Directions/Cross Streets: Erb and Bridgeport on King st Uptown Waterloo
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2,500
Total Area Code:  Square Feet
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 12:00-1
Employees #: 8
Seats: 38
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Rail: N
Truck Level Shipping Doors #: 0
  Height Feet: 0
  Width Feet: 0
Double Man Shipping Doors #: 0
  Height Feet: 0
  Width Feet: 0
Drive-In Level Shipping Doors #: 0
  Height Feet: 0
  Width Feet: 0
Grade Level Shipping Doors #: 0
Height Feet: 0
Width Feet: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: None
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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HOMELIFE FRONTIER REALTY INC.

23 King Street North , Waterloo, N2J 2W6, Waterloo

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Maria Tompson
Sales Representative
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416-548-7854
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Fax:
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style:
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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