$149,000
Available - For Sale
Listing ID: X13206030
255 King Street North , Waterloo, N2J 4V2, Waterloo
| Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area. |
| Price | $149,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Monthly Condo Fee: | $2291 |
| Occupancy: | Tenant |
| Address: | 255 King Street North , Waterloo, N2J 4V2, Waterloo |
| Postal Code: | N2J 4V2 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | University Ave and King Street North |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Fast Food/Takeout |
| Building Percentage: | F |
| Total Area: | 1087.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Mon - S |
| Employees #: | 5 |
| Seats: | 14 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| HOMELIFE/MIRACLE REALTY LTD |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Baths: | 2 |
| Fireplace: | N |
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