Added 2 months ago
-
Type: Sale Of Business
-
Property Type: Commercial
-
Business Type: Restaurant
-
Zoning: Commercial
-
Age: No Data
-
MLS®#: X11431068
-
Days on Site: 78 Days
-
Added: Nov 28, 2024 (2 months ago)
-
Updated:
-
Last Checked: 5 hours ago
-
Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Rare opportunity to own a popular restaurant near the University of Waterloo, surrounded by student housing. This fully new business features strong sales, low food costs around 20%, and requires minimal manpower to operate. Known for its popularity within the South Asian community, the restaurant boasts a modern layout, fully equipped kitchen, and spacious dining area. With high foot traffic from the local student population, this location offers exceptional potential. A 5-year lease with renewal options ensures stability. Full training will be provided for an easy transition into this turn-key, profitable business. Don't miss this prime investment! **EXTRAS** Rent is $4800 including TMI and HST. All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Area: Waterloo
Availability Date: Immediate
Inside
Bathrooms: 1
Air Conditioning: Y
Washrooms: 1
Building
Basement: N
Heat Type: Gas Forced Air Closd
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Taxes Type: N/A
Land
Cross Street: KING ST. E X HICKORY
Municipality District: Waterloo
Zoning: Commercial
Commercial Specific
Number of Employees: 4
Retail Area: 933
Retail Area Metric: Sq Ft
Hours Open: 12amto1
Area Influence: Public Transit
Days Open: 7
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 15
Business/Building Name: The Sobo - Indian Street Food
Financial Statement: Y
LLBO: N
ÉÉC Mère-Élisabeth-Bruyère
Elementary: CatholicWinston Churchill Public School
Elementary: PublicÉcole élémentaire L'Harmonie
Elementary: PublicLincoln Heights Public School
Elementary: PublicMacGregor Public School
Elementary: PublicElizabeth Ziegler Public School
Elementary: PublicSt David Catholic Secondary School
Secondary: CatholicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: Catholic
