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$459,000
Available - For Sale
Listing ID: X8007076
Great opportunity to be your own boss of your own restaurant at the Prime location high traffic area on Major intersection in Kitchener Close to Conestoga college & residential area This is just sale of Business on Leased premises with 5 year Lease & option to renew additional 5 years minimal rent approx. +TMI lots of opportunity to grow.Seller is open selling running restaurant turn key operation with/without their franchise name. delivery Uber eats/door dash. etc!!!
Extras:   All Existing Restaurant Equipment /Chattel List Available upon request
Price $459,000
Minimum Rental Term: 48
Maximum Rental Term: 108
Taxes: $1,345
Tax Type: T.M.I.
Occupancy by: Owner
Address: 123 Pioneer Park Dr , Unit F-150, Kitchener, N2P 2A3, Ontario
Apt/Unit: F-150
Postal Code: N2P 2A3
Province/State: Ontario
Directions/Cross Streets: Homer Watson/Pioneer
Zoning: Commercial
Category: Without Property
Use: Restaurant
Total Area: 2,000
Total Area Code:  Sq Ft
Industrial Area: 1000
Office/Appartment Area Code: Sq Ft
Retail Area: 1000
Retail Area Code: Sq Ft
Approximatly Age: 0-5
Business/Building Name: Pioneer Park Plaza
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 10: -9
Employees #: 3
Seats: 35
LLBO: N
Taxes Expense: $16141
Insurance Expense: $5207
 Heat Expenses: $4000
 Hydro Expense:  $3000
Water Expense: $2000
Other Expenses: $28796
Gross Income/Sales: $450000
Operating Expenses: $170000
Year Expenses: 2023
Expenses Actual/Estimated: $Est
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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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.
RE/MAX REAL ESTATE CENTRE INC.

123 Pioneer Park Dr , Unit F-150, Kitchener, N2P 2A3, Ontario


 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
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Approximate Age: 0-5
Tax: $1,345
Maintenance Fee: $0
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Baths: 1
Garage: 0
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