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$399,000
Available - For Sale
Listing ID: X8419454
Exciting opportunity to own a well-established and thriving restaurant in a prime location! This popular dining destination boasts a loyal customer base, strong revenue, and excellent online reviews. The restaurant features a modern and inviting atmosphere with seating for 40 plus guests, a fully equipped kitchen, and a fully licensed modern Bar. Situated in Downtown in a high foot traffic area and steps away from Conestoga College. Known for exceptional Value, Food quality and Hakka options. Fully furnished and equipped, ready for immediate operation. Consistent revenue with lots of potential for growth. Favorable long-term lease available at a Low Rent of $3862.91 plus TMI. This is a fantastic opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio. Dont miss out on this chance to own a successful restaurant in a sought-after location!
Price $399,000
Taxes: $7,592.28
Tax Type: T.M.I.
Occupancy by: Own+Ten
Address: 29 KING St , Unit 5, Kitchener, N2G 2K4, Ontario
Apt/Unit: 5
Postal Code: N2G 2K4
Province/State: Ontario
Legal Description: PT LT 1 S/S KING ST PL 364 KITCHENER; PT
Directions/Cross Streets: King St E and Queen St
Zoning: Retail
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 2,026
Total Area Code:  Sq Ft
Retail Area: 2026
Retail Area Code: Sq Ft
Approximatly Age: New
Business/Building Name: OH BOMBAY INDIAN AND HAKKA CUISINE
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 12
Employees #: 20
Seats: 40
LLBO: Y
Sprinklers: N
Outside Storage: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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RE/MAX REALTY SPECIALISTS INC.

29 KING St , Unit 5, Kitchener, N2G 2K4, Ontario


 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
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Lot Size: 91.00 x 0.00(Feet)
Approximate Age: New
Tax: $7,592.28
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