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. (id:47423)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Community Features
High Traffic Area
Listing Contract Date
2024-03-07
Location Description
Erb St W and right turn into the plaza at the roundabout at Erb St and Ira Needles .
Property Type
Business
Transaction Type
For sale
Zoning Description
C3-40
Business
Name
Flame Indian Cuisine and Meat shop
Building
Basement Type
None
Land
Amenities
Public Transit, Shopping
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