#912 & 911 130 West, Waterloo - Business for Sale
#912 & 911 130 West, Waterloo, Ontario, N2L0G6
This business in Waterloo is for sale. It has been on the market 28 days, fresher than the Waterloo average of 67 days.
Description
Take control of your future with this highly lucrative, well-established and well known food business in the heart of Waterloo. Situated in a premium, high-traffic location immediately serving both the University of Waterloo and Wilfrid Laurier University and SURROUNDED by residential buildings, this turnkey business over 2200 sq.ft. of great dining space/area offers an exceptional footprint in a thriving student hub and amazing customer base. With thousands of students just steps away, the potential for immediate and future revenue growth is massive. LANDLORD PERMITS THE USE OF GROCERY STORE AS WELL IF POTENTIAL BUYER NEEDS TO ADD TO THE EXISTING RESTURAUNT(About $80,000 sales per month) (id:66096)
Property Details
- MLS®
- 40869792
- Property Type
- Business
- Basement
- None
- Listed
- 28 days ago
Market Timing
Extended: 28 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 28 days, which is 39 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 $429,000, about 6.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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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$429,000
Waterloo