E4-123 Pioneer Drive , Kitchener, ON N2P 2A3
Kitchener, ON N2P 2A3
Description
A well-known Mexican franchise is now available in a prime Kitchener location. Positioned in the only major plaza in Doon South, it’s surrounded by residential neighborhoods, condos, and popular retail outlets like Shoppers Drug Mart, Dollarama, Zehr’s, and other well-established brands. This spacious 1,250 sq. ft. unit features a seating capacity of 28 and is a fully turnkey operationperfect for first-time buyers venturing into entrepreneurship or experienced business owners looking to expand their portfolio. With a steady stream of returning customers, this thriving business offers significant growth potential, especially by obtaining an LLBO license to transform the restaurant into a social hotspot. Lease terms are favorable with a 1+5-year agreement, and gross rent is $5,500/month. The business maintains a food cost of 25%, wages at 16%, and a 6% royalty fee. Don’t miss this fantastic opportunity to own a profitable, well-located business with room for further expansion.
Details
| MLS# | 40647878 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 120 |
| Listing Provided By | RE/MAX Real Estate Centre Inc. | Pk Kapoor |
Features
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Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Kitchener |
| Zip Code | N2P 2A3 |
| Area | 3 Kitchener West |
| Subarea | 335 Pioneer Park | Doon | Wyldwoods |
| Community Name | 335 Pioneer Park/Doon/Wyldwoods |
| Listing VS Median (in 335 Pioneer Park/Doon/Wyldwoods) | |
Price: $355,000 low | high Med: $554,450 On Site: 120 low | high Med: 44.000000 | |
