$299,000
Available - For Sale
Listing ID: X12220585
29 King Street East , Kitchener, N2G 2K4, Waterloo
| An exciting opportunity to own a well-established and thriving Indian restaurant franchise located in a high-foot-traffic area of downtown, just steps from Conestoga College. This turnkey operation features a modern and inviting interior with seating for over 40 guests, a fully licensed bar, and a spacious, fully equipped commercial kitchen. The restaurant is fully furnished and ready for immediate operation, offering consistent revenue, a loyal customer base, and strong potential for further growth through catering, delivery, or extended hours. In addition to its customer-friendly layout, the property includes a designated office space with a private washroom, as well as separate customer restrooms for added convenience. A favourable long-term lease is in place, making this a perfect opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Fee of $632.69 is included in the rent. |
| Price | $299,000 |
| Taxes: | $7592.28 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 29 King Street East , Kitchener, N2G 2K4, Waterloo |
| Postal Code: | N2G 2K4 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 1 S/S KING ST PL 364 KITCHENER; PT |
| Directions/Cross Streets: | King St E and Queen St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 2026.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 12 PM t |
| Employees #: | 5 |
| Seats: | 40 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| HOMELIFE/MIRACLE REALTY LTD |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Tax: | $7,592.28 |
| Fireplace: | N |
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