92 King Street South, Waterloo | Image 1

92 King Street South

Waterloo

  • Commercial

$399,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: commercial

  • Age: No Data

  • Taxes: 2000

  • MLS®#: X9237811

  • Days on Site: 11 Days

  • Added: Jul 28, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ULTIMATE REALTY INC.

Skip to the 'Loo!!! Well Established Burger Franchise on steps from Waterloo Public Square in Downtown Waterloo! Excellent frontage and patio! Training to be provided. It's time to make your move! According to the Canadian Franchise Association, franchising is the twelfth largest industry in Canada and franchise businesses contribute over $120-billion to the economy each year.

Extras

* Gross Rent = $12,832.64 inc. HST * 3347 Sq Ft * LLBO Capacity = 114 interior * Current term expires June 14 2027 * Restaurant must remain as The WORKS branded franchise *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Waterloo

  • Availability Date: TBD

Inside

  • Bathrooms: 4

  • Air Conditioning: Y

  • Washrooms: 4

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Taxes: $2,000

  • Taxes Type: T.M.I.

Land

  • Cross Street: Willis Way

  • Municipality District: Waterloo

  • Sewer: San+Storm

  • Zoning: commercial

Commercial Specific

  • Number of Employees: 15

  • Retail Area: 3347

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3347

  • Total Area Metric: Sq Ft

  • Hours Open: 11:30-9

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 114

  • Business/Building Name: The WORKS Craft Burgers & Beer

  • Financial Statement: Y

  • LLBO: Y

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