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$429,000
Available - For Sale
Listing ID: X12336892
GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.
Price $429,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 308 King Stre North , Waterloo, N2L 3V2, Waterloo
Postal Code: N2L 3V2
Province/State: Waterloo
Legal Description: PART LOT 76 AND 77 SUBDIVISION OF LOT 13
Directions/Cross Streets: Hickory St E & King St N
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
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,073
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 11-12
Employees #: 5
Seats: 16
Maintenance: 0
Outside Storage: F
Rail: N
Crane: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary Availa
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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

308 King Stre North , Waterloo, N2L 3V2, Waterloo


 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 250.39(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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