#104 585 Weber Street North, Waterloo - Business for Sale
#104 585 Weber Street North, Waterloo, Ontario, N2V1V8
This business in Waterloo is for sale offering roughly 1,041 sq ft of space.
Description
Opportunity knocks with this thriving Quesada Burritos & Tacos location, perfectly positioned at 585 Weber St N in Waterloo. This turnkey franchise offers a fantastic entry point into a beloved Canadian brand, backed by a growing customer base and established operational success. You will benefit from an incredibly attractive rent of just $4,664 per month, providing excellent overhead efficiency for a new owner. The current lease is secure with two years remaining, plus the significant advantage of 5+5 year renewal options to guarantee long-term stability. This is an ideal venture for an ambitious operator looking to take over a profitable, well-maintained space in a high-traffic area. Benefit from the full support of a nationally recognized franchise system while putting your own personal touch on daily management. Whether you are a seasoned business owner or an aspiring entrepreneur, this location is set up for continued growth and prosperity. Don't miss this chance to step into a successful business model with a proven track record of excellence in the community. Reach out today to discuss how you can become the next success story with this exceptional Waterloo franchise opportunity. (id:66096)
Property Details
- MLS®
- X13552516
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C4
- Interior Size
- 1,041 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 117 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 117 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2V)
This home lists at $170,000, about 1.3× the local median household income of $126,000.
Carrying it typically needs a household income of about $33,207 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $126,000
- Population
- 19,428
- Median age
- 38
- Owner / renter
- 86% / 14%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA N2V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$170,000
Waterloo