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    For Sale - 23 King Street, Waterloo, Ontario

    Est payment $1,388/mo
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    Views   1
    Time on Jump  44 day

    AI Summary *

    • Prime location at a busy intersection in desirable Waterloo.
    • Fully equipped kitchen with brand-new commercial equipment included.
    • Approved license permits up to 72 seats, including a patio.
    • Existing profitable franchise model or room for a new concept.
    • Attractive lease terms ensure long-term stability and low rent.




    Positioned at the prime intersection of king st and erb st - widely recognized as one of the most desirable commercial corridors in waterloo - this is a truly turnkey restaurant opportunity ready for immediate operation. The space is fully equipped with brand-new commercial equipment, including a 10-foot hood, two deep fryers, 8-burner stove range, commercial coolers and freezers, 3-compartment sink, stainless steel prep tables, and a professionally built above-ground grease trap. A recently approved llbo license allows for up to 72 seats, including a patio, offering excellent revenue potential. The dining area is thoughtfully designed with a modern and refined aesthetic, and the business is already operating successfully. Currently home to a well-known and profitable franchise brand, the buyer has the flexibility to either take over the existing franchise and continue its proven model or introduce their own original concept in this high-demand location. The lease is highly attractive, with reasonable rent secured until november 30, 2030, plus a 5-year renewal option - providing long-term stability in one of waterloo's busiest and most sought-after areas. After touring other available restaurant listings in waterloo, the value of this fully prepared and income-generating opportunity becomes clear. A rare chance to step into a thriving location with infrastructure, licensing, and momentum already in place - though it may not remain available for long.
    Listing IDX12793294
    Address23 King Street
    CityWaterloo, Ontario
    Price$289,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air ClosedSewer None

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    Listing Agency:  HOMELIFE FRONTIER REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    23 King Street
    Waterloo , Ontario
    $289,000
    Get more info