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$349,000
Available - For Sale
Listing ID: X12396772
Excellent opportunity to acquire a well-established and recently renovated Indian restaurant franchise in a prime Cambridge location near Highway 401 and the Cambridge Gurudwara. This turnkey operation is generating strong, stable revenue with reported net monthly profits of $10,000$15,000 (as per seller) and features a fully equipped commercial kitchen (all equipment owned), new dine-in chairs, and a spacious designated office with a highly functional layout for efficient operations. The restaurant benefits from excellent high-traffic exposure from Hwy 401, close proximity to a growing residential and business community, and steady customer flow from the nearby Gurudwara and surrounding neighborhoods. In addition to dine-in, take-out, catering, and delivery, the restaurant also offers a popular tiffin service, creating a reliable recurring revenue stream. With a favorable 5 + 5 lease at $3,884.46/month (TMI included)of which only nine months have been used by the current owner this is an ideal acquisition for experienced operators or investors seeking a reputable, high-demand franchise with proven profitability and growth potential. Please do not approach staff directly. All inquiries should be directed to the listing brokerage.
Price $349,000
Taxes: $0
Tax Type: TMI
Occupancy by: Owner
Address: 825 Saginaw Park , Cambridge, N1T 0E2, Waterloo
Postal Code: N1T 0E2
Province/State: Waterloo
Legal Description: PT LT 6, REGISTRARS COMPILED PLAN 1385,
Directions/Cross Streets: Townline Rd/ Saginaw Parkway
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,390
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 12 PM t
Employees #: 2
Seats: 20
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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HOMELIFE/MIRACLE REALTY LTD

825 Saginaw Park , Cambridge, N1T 0E2, Waterloo


 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
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Beds: 0
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