#H-5 584 Weber Street North, Waterloo - Business for Sale
#H-5 584 Weber Street North, Waterloo, Ontario, N2L0C7
Description
Turnkey Sunset Grill Franchise Opportunity - Prime Waterloo Location. Own a profitable Sunset Grill franchise in one of Waterloo's premier AAA retail plazas. This well-established breakfast restaurant occupies a bright corner unit with excellent exposure, prominent signage, and seating for around 100 guests. Built to the franchisor's classic layout, the restaurant features an efficient open-concept kitchen equipped with a 14-foot commercial exhaust hood and a walk-in cooler , providing the ideal setup for smooth day-to-day operations and consistent service. Benefit from attractive rent, a strong long-term lease, and the backing of one of Canada's most recognized breakfast brands. Franchise royalties are 5% + 1%, with comprehensive training provided by the franchisor, subject to approval. Designed to accommodate high weekend volumes, this proven floor plan offers excellent operational efficiency, making staffing and management straightforward. The bright, spacious interior features high ceilings and creates a welcoming dining experience for guests. With steady sales, short operating hours (open daily from 7:00 AM- 3 PM ),and a long-standing reputation within the community, this is an exceptional opportunity for an owner-operator or investor looking to acquire a successful, turnkey business. Please do not approach the business directly or speak with staff. All inquiries and showings must be arranged through the listing brokerage. (id:66096)
Property Details
- MLS®
- X13503004
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 127 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 127 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.
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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