An exciting opportunity to own a well-established and thriving Indian restaurant franchise located in a high-foot-traffic area of downtown, just steps from Conestoga College. This turnkey operation features a modern and inviting interior with seating for over 40 guests, a fully licensed bar, and a spacious, fully equipped commercial kitchen. The restaurant is fully furnished and ready for immediate operation, offering consistent revenue, a loyal customer base, and strong potential for further growth through catering, delivery, or extended hours. In addition to its customer-friendly layout, the property includes a designated office space with a private washroom, as well as separate customer restrooms for added convenience. A favourable long-term lease is in place, making this a perfect opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Fee of $632.69 is included in the rent. |
Price | $399,999 |
Taxes: | $7592.28 |
Tax Type: | TMI |
Occupancy: | Owner |
Address: | 29 King Stre East , Kitchener, N2G 2K4, Waterloo |
Postal Code: | N2G 2K4 |
Province/State: | Waterloo |
Legal Description: | PT LT 1 S/S KING ST PL 364 KITCHENER; PT |
Directions/Cross Streets: | King St E and Queen St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Without Property |
Use: | Restaurant |
Building Percentage: | F |
Total Area: | 2026.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Financial Statement: | F |
Chattels: | T |
Franchise: | T |
Days Open: | O |
Hours Open: | 12 PM t |
Employees #: | 5 |
Seats: | 40 |
Sprinklers: | No |
Washrooms: | 0 |
Outside Storage: | F |
Rail: | N |
Crane: | F |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Sewers: | Sanitary |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOMELIFE/MIRACLE REALTY LTD |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Waterloo |
Municipality: | Kitchener |
Neighbourhood: | Dufferin Grove |
Tax: | $7,592.28 |
Fireplace: | N |