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$277,000
Available - For Sale
Listing ID: X8123758
Flame Indian Cuisine and Meat shop continues to be a successful "take out" business in Waterloo for last 15 years and has built a loyal customer base. The business gets tremendous exposure being located in a busy retail plaza close to the Boardwalk, Costco and other retail/commercial outlets. The business attracts new repeat customers being surrounded by residential neighborhoods, old and developing. Pl note: 1. currently operating 6 days/week; 2. the business permit allows for 14 seat indoor dining as well. A great opportunity, thus exists for further growth and generating greater revenue. Current lease is till Dec 2026 with 2 X 5 year options. Next 5 year term rent already negotiated. Total space is 1237 square feet. Monthly rent is $6,460.23 including net rent, TMI and HST. Water is included in the rent. The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom.
Extras:   The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom. Monthly rent is $6,460.23 including net rent, TMI and HST.
Price $277,000
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 646 Erb St West , Unit 102, Waterloo, N2J 3Z4, Ontario
Apt/Unit: 102
Postal Code: N2J 3Z4
Province/State: Ontario
Legal Description: PT LT GERMAN COMPANY TRACT CITY OF WATER
Directions/Cross Streets: Erb St And Ira Needle Blvd
Zoning: C3-40
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,237
Total Area Code:  Sq Ft
Area Influences: Public Transit  
Business/Building Name: Flame Indian Cuisine And Meat Shop
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 6
Hours Open: 11Am-8P
Employees #: 1
Seats: 14
LLBO: N
Sprinklers: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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LEEDWAY REALTY INC.

646 Erb St West , Unit 102, Waterloo, N2J 3Z4, Ontario


 
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Type: Com - Sale Of Business
Area: Waterloo
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