65 University Avenue East, Waterloo | Image 1

65 University Avenue East

Waterloo

  • Commercial

$XXX,XXX
For Sale

Added 5 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X10415604

  • Days on Site: 1 Days

  • Added: Nov 07, 2024 (5 days ago)

  • Updated:

  • Last Checked: 9 hours ago

  • 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

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