$355,000
Available - For Sale
Listing ID: X9352312
123 Pioneer Dr , Unit E4, Kitchener, N2P 2A3, Ontario
| A well-known Mexican franchise is now available in a prime Kitchener location. Positioned in the only major plaza in Doon South, its surrounded by residential neighborhoods, condos, and popular retail outlets like Shoppers Drug Mart, Dollarama, Zehrs, and other well-established brands.This spacious 1,250 sq. ft. unit features a seating capacity of 28 and is a fully turnkey operation perfect for first-time buyers venturing into entrepreneurship or experienced business owners looking to expand their portfolio. With a steady stream of returning customers, this thriving business offers significant growth potential, especially by obtaining an LLBO license to transform the restaurant into a social hotspot.Lease terms are favorable with a 1+5-year agreement, and gross rent is $5,500/month. The business maintains a food cost of 25%, wages at 16%, and a 6% royalty fee. Dont miss this fantastic opportunity to own a profitable, well-located business with room for further expansion. |
| Price | $355,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 123 Pioneer Dr , Unit E4, Kitchener, N2P 2A3, Ontario |
| Apt/Unit: | E4 |
| Postal Code: | N2P 2A3 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Homer Watson Blvd to Pioneer Dr. |
| Category: | Without Property |
| Use: | Fast Food/Take Out |
| Building Percentage: | N |
| Retail Area: | 1250 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Hours Open: | 11AM-9P |
| Employees #: | 2 |
| Seats: | 28 |
| LLBO: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
$
%
Years
This calculator 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. |
|
|
Antonella Monte
Broker
Dir:
647-282-4848
Bus:
647-282-4848
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Kitchener |
Locatin Map:
Payment Calculator:
