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$275,000
Available - For Sale
Listing ID: X12212125
A premier opportunity awaits an ambitious owner-operator with the sale of a well-established and thriving restaurant located in the vibrant core of Downtown Cambridge. This is a unique chance to acquire a successful, turn-key business strategically positioned to benefit from the area's significant and consistent foot traffic.Nestled amidst a dynamic mix of popular bars, corporate offices, and bustling retail stores, this establishment is a prime destination for a diverse and steady stream of patrons. The restaurant offers a welcoming atmosphere with an interior capacity for 60 guests and is fully licensed (LLBO), providing a crucial asset for revenue growth through beverage sales.The operation is supported by a fully equipped kitchen, ready for immediate culinary execution. A key advantage of this location is its convenient parking, with ample private spaces available at the rear of the building in addition to accessible street parking.This offering is defined by its remarkable flexibility and strong financial viability. The exceptionally low rent minimizes overhead, directly enhancing profitability. Furthermore, the absence of franchise or menu restrictions grants a new owner complete creative freedom to continue the current concept or to introduce any type of culinary vision to an eager downtown clientele.
Price $275,000
Taxes: $14,956
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 1118 King Stre East , Cambridge, N3H 3P6, Waterloo
Postal Code: N3H 3P6
Province/State: Waterloo
Directions/Cross Streets: king st E And Dolph st S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 11am to
Employees #: 5
Seats: 60
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE 247 REALTY

1118 King Stre East , Cambridge, N3H 3P6, Waterloo


 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 209.13(Feet)
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Tax: $14,956
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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