#FC3 253 KING Street North, Waterloo - Business for Sale
#FC3 253 KING Street North, Waterloo, Ontario, N2J2Y8
This business in Waterloo is for sale. It has been on the market 49 days, fresher than the Waterloo average of 67 days.
Description
Food Court Business with less overhead expenses. Great Opportunity To Own A Well-established Franchise Restaurant In A Prime Waterloo University Location! This Thriving Business Is Strategically Located In A Busy, High-traffic Plaza Surrounded By Residential Neighborhoods, And other major Amenities offering Excellent Exposure And Walk-in Traffic. The Restaurant Features A Fully Equipped, Modern Kitchen with Approximately 8 ft Hood, shared walk-in cooler and High-quality Appliances. Rent $7200 including HST AND TMI , SQ FT Approximately 200 , Remaining lease 3 years And Minimal Overhead Make This An Extremely Attractive And Sustainable Business. Ample Parking And Great Signage Visibility Contribute To Ongoing Customer Growth And Retention. The Business Benefits From A Loyal Customer Base, Positive Word-of-mouth, Strong Franchise support, And Growing Demand In The Area. Full Training And Transitional Support Will Be Provided To Ensure A Smooth Handover To The New Owner. Whether You're An Experienced Restaurateur Or A Motivated Entrepreneur, This Is A Rare Chance To Take Ownership Of A Successful Food Operation In One Of Waterloo Most Desirable Commercial Areas. Don't Miss Out opportunities Like This Are Rare! Call listing agent to book your showings. (id:66096)
Property Details
- MLS®
- 40863805
- Property Type
- Business
- Basement
- None
- Listed
- 49 days ago
Market Timing
Long Listed: 49 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 49 days, which is 18 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 (N2J)
This home lists at $40,000, about 0.5× the local median household income of $74,500.
Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $74,500
- Population
- 20,899
- Median age
- 36.8
- Owner / renter
- 53% / 47%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2J)
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$40,000
Waterloo