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$299,000
Available - For Sale
Listing ID: X12220585
An exciting opportunity to own a well-established and thriving Indian restaurant franchise located in a high-foot-traffic area of downtown, just steps from Conestoga College. This turnkey operation features a modern and inviting interior with seating for over 40 guests, a fully licensed bar, and a spacious, fully equipped commercial kitchen. The restaurant is fully furnished and ready for immediate operation, offering consistent revenue, a loyal customer base, and strong potential for further growth through catering, delivery, or extended hours. In addition to its customer-friendly layout, the property includes a designated office space with a private washroom, as well as separate customer restrooms for added convenience. A favourable long-term lease is in place, making this a perfect opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Fee of $632.69 is included in the rent.
Price $299,000
Taxes: $7,592.28
Tax Type: TMI
Occupancy by: Owner
Address: 29 King Stre East , Kitchener, N2G 2K4, Waterloo
Postal Code: N2G 2K4
Province/State: Waterloo
Legal Description: PT LT 1 S/S KING ST PL 364 KITCHENER; PT
Directions/Cross Streets: King St E and Queen St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 2,026
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 12 PM t
Employees #: 5
Seats: 40
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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

29 King Stre East , Kitchener, N2G 2K4, Waterloo


 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Tax: $7,592.28
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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