$149,000
Available - For Sale
Listing ID: X13026914
308 King Street North , Waterloo, N2L 3V2, Waterloo
| GC Burger Franchise Location In The Heart Of The University District In Kitchener-Waterloo. Situated At The Base Of 308 King, A Newly Built Condo Tower Dedicated To Student Accommodation, This Is A Prime Location For High Foot Traffic And Visibility. The Unit Features 1,073 Sq Ft With A Modern QSR Layout, Seating For 16 Inside, Plus A Patio With Additional Seating. Equipped With A Massive 16-Ft Commercial Hood, Two Walk-In Fridges, And A Full Line Of New Equipment-This Turnkey Setup Is Ideal For Efficient Operations. Attractive Lease Rate Of $5,487 Gross Rent Including TMI With 4 + 5 Years Remaining. Full Training To Be Provided Pending Franchisor Approval, With Royalties Set At 6% + 2.5%. Please Do Not Go Direct Or Speak To Staff. |
| Price | $149,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 308 King Street North , Waterloo, N2L 3V2, Waterloo |
| Postal Code: | N2L 3V2 |
| Province/State: | Waterloo |
| Legal Description: | PART LOT 76 AND 77 SUBDIVISION OF LOT 13 |
| Directions/Cross Streets: | Hickory St E & King St N |
| 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 |
| Category: | Without Property |
| Use: | Entertainment |
| Building Percentage: | F |
| Total Area: | 1073.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 11-12 |
| Employees #: | 5 |
| Seats: | 16 |
| Washrooms: | 1 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary Availa |
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| ROYAL LEPAGE SIGNATURE REALTY |
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Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Baths: | 1 |
| Fireplace: | N |
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