$325,000
Available - For Sale
Listing ID: X11923433
123 PIONEER Dr , Unit E4, Kitchener, N2P 2A3, Ontario


RemarksPublic: 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 operationperfect 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.
Extras:   Please send your inquiries to PK KAPOOR at pk@kapoorrealtygroup.ca
Price $325,000
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: omer Watson Blvd to Pioneer Dr.
Category: Without Property
Use: Restaurant
Retail Area: 1250
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 11AM-9P
Employees #: 2
Seats: 28
LLBO: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
Personal Picture
Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
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Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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