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$ 349,000
Est. payment | /mo
1 Bath
$ 349,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X12601802
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment-this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.
Location
Province ON
County Waterloo
Area Waterloo
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 188.63
Lot Depth 250.39
Others
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY
"My job is to deliver more results for you when you are buying or selling your property! "