#3 330 Phillip Street, Waterloo - Business for Sale
#3 330 Phillip Street, Waterloo, Ontario, N2L3W9
This business in Waterloo is for sale. It has been on the market 10 days, fresher than the Waterloo average of 67 days.
Description
RARE HIGH-INCOME Cafe / Bakery / Restaurant BUSINESS OPPORTUNITY. Acquire a proven, cash-flow-positive Japanese bakery / cafe / restaurant franchise: Tsujiri, a globally respected brand founded in 1860. This location has been successfully operating for nearly 5 years with exceptional consumer validation, including a 4.7-star Google rating and an Uber Eats satisfaction score approaching 100% across the menu. The business has achieved annual gross sales in excess of $400,000 over the past three years. The owners are actively involved in daily operations. Detailed financial information is available for qualified buyers. All equipment is included (please check the photos), and the seller will provide complimentary full training (valued at $3,000+), ensuring a seamless transition. Monthly rent $5700 included TMI. Absolute Turnkey, profitable, and growth-driven - a compelling opportunity not to be missed! (id:66096)
Property Details
- MLS®
- X14119096
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial Retail
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $4,946/yr
- Listed
- 10 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 10 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 has been listed for 10 days, which is 57 days fresher than the city average of 67. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2L)
This home lists at $499,000, about 7.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.
- Median household income
- $69,500
- Population
- 37,953
- Median age
- 29.8
- Owner / renter
- 37% / 63%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2L)
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$499,000
Waterloo