Sale Of Business · For sale

300B - 600 Laurelwood Drive, Waterloo

$249,000business price

Listing brokerage: RE/MAX OPTIMUM REALTY · MLS® X13684774

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

RE/MAX OPTIMUM REALTY

Type

Sale Of Business

Deal

For sale

Category

Businesses

Size

1,110 sq ft

Lot

0 x 0 ft

MLS® number

X13684774

Description

Sale of a successful BarBurrito franchise in a prime high-traffic plaza! Property boasts of a tastefully completed modern kitchen, stylish dining area, premium leasehold improvements with high open ceilings and abundant Natural Light. Plaza with ample parking & National tenants: Shoppers Drug Mart, Dollarama, Food basics, DQ, Subway, Kumon and many more. Across Laurel Heights High School enabling high lunch and evening traffic. Perfect for first-time business owners, families, new immigrants, or experienced investors seeking a reliable, cash-flow. To increase revenue, buyer can also get a halal certification done for the store.Currently operated by trained staff, Absentee Owner, location has option to obtain LLBO lic. Lease Term 10-year + Two 5-year renewal options. Low Gross Rental: 3,696 per month approx. Franchise royalty fees 6% + 1.25% Marketing.