Flame Indian Cuisine and Meat shop continues to be a successful "take out" business in Waterloo for last 15 years and has built a loyal customer base. The business gets tremendous exposure being located in a busy retail plaza close to the Boardwalk, Costco and other retail/commercial outlets. The business attracts new repeat customers being surrounded by residential neighborhoods, old and developing. Pl note: 1. currently operating 6 days/week; 2. the business permit allows for 14 seat indoor dining as well. A great opportunity, thus exists for further growth and generating greater revenue. Current lease is till Dec 2026 with 2 X 5 year options. Next 5 year term rent already negotiated. Total space is 1237 square feet. Monthly rent is $6,460.23 including net rent, TMI and HST. Water is included in the rent. The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom.
Extras
The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom. Monthly rent is $6,460.23 including net rent, TMI and HST.
PT LT GERMAN COMPANY TRACT CITY OF WATERLOO PT 3 58R6478 EXCEPT PT 17 58R14437, Waterloo
Occupancy
Tenant
Possession Date
Immediate
Directions/Cross Streets
Erb St And Ira Needle Blvd
Area
Waterloo
Price History
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Detailed Information
Freestanding
N
Bathrooms
1
Total Area
1,237 ft2
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Outside/Surface
Days Open
6
Hours Open
11Am-8P
LLBO
N
Employees
1
Heat Type
Gas Forced Air Closd
Financial Statement
N
Area Influences
Public Transit
Seats
14
Sprinklers
Y
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Unit
Zoning
C3-40
Seller Property Info Statement
N
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