E4-123 Pioneer Drive, Kitchener | Image 1

E4-123 Pioneer Drive

Kitchener

  • Commercial

$355,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: X9352312

  • Days on Site: 85 Days

  • Added: Sep 16, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

A well-known Mexican franchise is now available in a prime Kitchener location. Positioned in the only major plaza in Doon South, its surrounded by residential neighborhoods, condos, and popular retail outlets like Shoppers Drug Mart, Dollarama, Zehrs, and other well-established brands.This spacious 1,250 sq. ft. unit features a seating capacity of 28 and is a fully turnkey operation perfect for first-time buyers venturing into entrepreneurship or experienced business owners looking to expand their portfolio. With a steady stream of returning customers, this thriving business offers significant growth potential, especially by obtaining an LLBO license to transform the restaurant into a social hotspot.Lease terms are favorable with a 1+5-year agreement, and gross rent is $5,500/month. The business maintains a food cost of 25%, wages at 16%, and a 6% royalty fee. Dont miss this fantastic opportunity to own a profitable, well-located business with room for further expansion.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Kitchener

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes Type: Annual

Land

  • Cross Street: Homer Watson Blvd to

  • Municipality District: Kitchener

  • Lot Frontage: 893.51 Feet

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1250

  • Retail Area Metric: Sq Ft

  • Hours Open: 11AM-9P

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 28

  • Financial Statement: Y

  • LLBO: N

Map of E4-123 Pioneer Drive, Kitchener
JK-8

Groh Public School

Elementary: Public
2.43 km
JK-8

St Timothy Catholic Elementary School

Elementary: Catholic
0.58 km
JK-6

Pioneer Park Public School

Elementary: Public
1.00 km
JK-8

St Kateri Tekakwitha Catholic Elementary School

Elementary: Catholic
1.45 km
6-8

Doon Public School

Elementary: Public
1.21 km
JK-5

J W Gerth Public School

Elementary: Public
1.25 km
9-12

ÉSC Père-René-de-Galinée

Secondary: Catholic
5.28 km
Pre-Grade 9-12

Preston High School

Secondary: Public
5.38 km
Pre-Grade 9-12

Eastwood Collegiate Institute

Secondary: Public
5.59 km
Pre-Grade 9-12

Huron Heights Secondary School

Secondary: Public
2.79 km
Pre-Grade 9-12

Grand River Collegiate Institute

Secondary: Public
7.05 km
9-12

St Mary's High School

Secondary: Catholic
4.15 km
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