$299,000 FOR SALE

Business for Sale

Restaurant

140 University Ave W #6B
Waterloo, ON N2L 6J3

Well Established/Very High Income Producing Korean Restaurant. Best Location Close To University Of Waterloo. High Profit Net Sales $780,000 more & Net Income $260K More. Best situated between Wilfrid Laurier University and the University of Waterloo, this prime location enjoys an impressive daily foot traffic of over 40,000. Full Kitchen Equipment. 1,880 Sq Ft, 68Seats LLbo. In A Excellent Location Big Plaza With 1st Class Exposure On 140 University Ave W Waterloo Surrounded By Burger King, MoMo Kimbab, Huge Chinese Market. High Sales With Low Basic Rent $7,900/M TMI Included. 4.3 Google Review 1st Class Restaurant!!! High Visibility #1 Spot Restaurant, Best Location! Monday - Saturday Open 12pm-11pm, Sunday Closed.

Extras
Fully Equipped Restaurant Kitchen, All Chattels And Fixtures Included. Expected Sales $15,000 Wkly*Lease Rem 4Yrs. 5+5 Renew Lease Available After Business Purchased! *Very Busy & Well Maint'd Plaza *High Visibility #1 Spot Restaurant*

Share

Listed By RIGHT AT HOME REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9383624
Last Updated Oct 07, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
PIN 223650200
Occupancy Tenant
Possession Date TBA
Directions/Cross Streets University Ave / Phillip St
Area Waterloo
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 2
Retail Area 1,880 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 6
Hours Open 12pm-11
LLBO Y
Employees 2
Heat Type Gas Forced Air Open
Financial Statement N
Seats 68
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.