Added 4 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: Commercial
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Age: No Data
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MLS®#: X10415604
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Days on Site: 109 Days
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Added: Nov 08, 2024 (4 months ago)
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Updated:
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Last Checked: 2 weeks ago
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Listed By: CENTURY 21 RIGHT TIME REAL ESTATE INC.
This Boardwalk Burgers location in Waterloo presents an excellent investment opportunity. Situated close to both universities and Conestoga College, it benefits from steady foot traffic, especially from students and young professionals. The flexibility to operate it as a franchise or rebrand as an independent business adds versatility to the investment. With food costs around 32-34% and labor costs between 22-25%, the business demonstrates efficient cost management, supporting strong profit margins. Its focus on qualityserving freshly prepared, never-frozen burger patties in a clean, well-maintained environmentenhances the customer experience and fosters repeat business. The 1,308-square-foot store, built with high-quality materials, fire-rated walls, and well-maintained equipment, ensures durability and a welcoming atmosphere with ample seating for high customer volume. Additionally, consistent sales growth, a favorable lease term, and leasehold improvements and equipment valued at over $325,000 further underscore the location's stability and potential for ex **EXTRAS** All equipment, tables, chairs, booths
Property
Status: Sale
Type: Fast Food/Take Out
Property Type: Sale Of Business
Property Type: Without Property
Area: Waterloo
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Closd
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Taxes Type: T.M.I.
Land
Cross Street: University & Weber
Municipality District: Waterloo
Zoning: Commercial
Commercial Specific
Number of Employees: 4
Retail Area: 1308
Retail Area Metric: Sq Ft
Hours Open: varies
Days Open: 7
Franchise: Y
Tangible Property Included: Y
Lot Code: Unit
Seats: 38
Financial Statement: N
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: CatholicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicResurrection Catholic Secondary School
Secondary: CatholicCameron Heights Collegiate Institute
Secondary: Public
