Rare opportunity to own a popular restaurant near the University of Waterloo, surrounded by student housing. This fully new business features strong sales, low food costs around 20%, and requires minimal manpower to operate. Known for its popularity within the South Asian community, the restaurant boasts a modern layout, fully equipped kitchen, and spacious dining area. With high foot traffic from the local student population, this location offers exceptional potential. A 5-year lease with renewal options ensures stability. Full training will be provided for an easy transition into this turn-key, profitable business. Don't miss this prime investment! **** EXTRAS **** Rent is $4800 including TMI and HST. All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence. (id:47423)
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Detailed Information
Bathrooms
1
Amenities Nearby
Public Transit
Listing Contract Date
2024-11-28
Location Description
KING ST. E X HICKORY ST. W
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Restaurant
Business Subtype
Restaurant/pub
Name
The Sobo - Indian Street Food
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Amenities
Public Transit
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