$399,000 FOR SALE

Business for Sale

Restaurant

Lot: 91 x 0 ftTotal Area: 2,026 ft2
2024 Taxes: $7,592.28

29 KING St #5
Kitchener, ON N2G 2K4 | Waterloo

Exciting opportunity to own a well-established and thriving restaurant in a prime location! This popular dining destination boasts a loyal customer base, strong revenue, and excellent online reviews. The restaurant features a modern and inviting atmosphere with seating for 40 plus guests, a fully equipped kitchen, and a fully licensed modern Bar. Situated in Downtown in a high foot traffic area and steps away from Conestoga College. Known for exceptional Value, Food quality and Hakka options. Fully furnished and equipped, ready for immediate operation. Consistent revenue with lots of potential for growth. Favorable long-term lease available at a Low Rent of $3862.91 plus TMI. This is a fantastic opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio. Dont miss out on this chance to own a successful restaurant in a sought-after location!

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Listed By RE/MAX REALTY SPECIALISTS INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8419454
Last Updated Jun 12, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name OH BOMBAY INDIAN AND HAKKA CUISINE
Category Without Property
Legal Description PT LT 1 S/S KING ST PL 364 KITCHENER; PT LT 1 PL 3
Occupancy Own+Ten
Possession Date FLEXIBLE
Taxes (2024) $7,592.28
Tax Type T.M.I.
Commercial Condo Fees $632.69
Directions/Cross Streets King St E and Queen St
Area Waterloo
Price History
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Detailed Information
Freestanding N
Lot 91 x 0 ft
Retail Area 2,026 ft2
Total Area 2,026 ft2
Approximate Age New
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Days Open 7
Hours Open 12
LLBO Y
Employees 20
Heat Type Gas Forced Air Open
Financial Statement Y
Outside Storage N
Soil Test N
Seats 40
Sprinklers N
Sewers Sanitary
Utilities Y
Water Municipal
Crane N
Survey N
Lot/Bldg/Unit Code Unit
Zoning Retail
Seller Property Info Statement N

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