Added 3 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Fast Food/Take Out
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Zoning: Business Commerc
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Age: No Data
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MLS®#: X9357300
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Days on Site: 27 Days
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Added: Sep 18, 2024 (3 months ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: ROYAL LEPAGE SIGNATURE REALTY
Busy Quick Service Restaurant with short business hours and tons of sales to students with a high school located directly across the street. This busy fast food style restaurant specializes in lunch and dinner sales and closes early to maximize profits and minimize labour costs. Great margins and profits for a hands-on operator and open to serving different types of food. Currently run as Grill House but the ability to change to a different cuisine, concept, or franchise. This money maker is right off of the junction of Highway 7, Highway 8, and King Street in Kitchener-Waterloo. Easy to operate and manage with minimal staff. Please do not go direct or speak to ownership.
Extras
Great lease rate of $2,743 Gross Rent including TMI and water with 2 + 5 years remaining on the current lease. Limited seating for 16 with a QSR layout. 7-ft commercial hood and tons of parking spaces and signage.
Property
Status: Sale
Type: Fast Food/Take Out
Property Type: Sale Of Business
Property Type: Without Property
Area: Kitchener
Availability Date: TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: N
Outside Storage: Y
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Parking
Garage Type: Plaza
Covered Parking Spaces: 100
Fees
Tax Year: 2023
Taxes Type: T.M.I.
Land
Cross Street: Hwy 7/Hwy 8/King St
Municipality District: Kitchener
Sewer: San+Storm
Lot Depth: 143.25 Feet
Lot Frontage: 174.21 Feet
Zoning: Business Commerc
Commercial Specific
Number of Employees: 1
Rail: N
Retail Area: 1200
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 1200
Total Area Metric: Sq Ft
Hours Open: 11-7
Area Influence: Major Highway
Area Influence: Public Transit
Days Open: 5
Franchise: N
Tangible Property Included: Y
Crane: N
Lot Code: Lot
Survey: N
Seats: 16
Soil Test: N
Business/Building Name: Grill House
Financial Statement: N
LLBO: N
Rockway Public School
Elementary: PublicSt Daniel Catholic Elementary School
Elementary: CatholicSunnyside Public School
Elementary: PublicWilson Avenue Public School
Elementary: PublicSheppard Public School
Elementary: PublicFranklin Public School
Elementary: PublicRosemount - U Turn School
Secondary: PublicEastwood Collegiate Institute
Secondary: PublicHuron Heights Secondary School
Secondary: PublicGrand River Collegiate Institute
Secondary: PublicSt Mary's High School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public
