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 operation—perfect 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. (id:47421)
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Detailed Information
Amenities Nearby
Public Transit, Shopping
Community Features
High Traffic Area, Community Centre
Features
Visual exposure
Listing Contract Date
2024-09-16
Location Description
Homer Watson Blvd to Pioneer Dr.
Property Type
Business
Transaction Type
For sale
Business
Name
Famous Mexican Franchise
Building
Basement Type
None
Land
Total Size
Unknown
Access Type
Highway access
Amenities
Public Transit, Shopping
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