$395,000

FOR SALE

Business for Sale

Restaurant

Total Area: 1,100 ft²

685 Fischer Hallman Rd
Kitchener, ON N2K 4C9 | Waterloo

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Great opportunity to be your own boss of your own restaurant at the Prime location high traffic area on Major intersection in Kitchener Close to residential area This is just sale of Business on Leased premises with 1 year Lease & option to renew additional 5 years minimal rent approx. 5422/ included TMI lots of opportunity to grow. Seller is open selling running restaurant turn key operation without their franchise name. delivery Uber eats/door dash. etc!!!

Extras

All Restaurant Chattel and fixtures included sheet enclosed ask listing Agents for details

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Listed By	KELLER WILLIAMS REAL ESTATE ASSOCIATES
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9039533
Last Updated	Jul 21, 2024

Property Summary

Property Type	Business For Sale More like this: Kitchener Business For Sale
Use	Restaurant
Franchise	Non-Franchise
Business/Building Name	T a n d o o r i X p r e s s
Category	Without Property
Minimum Rental Term	60
Maximum Rental Term	120
Occupancy	Own+Ten
Possession Date	Flexible
Directions/Cross Streets	Fisher Hallman/Ottawa
Area	Waterloo

Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information

Freestanding	N
Retail Area	200 ft2
Industrial Area	900 ft2
Office/Apt Area	64 ft2
Total Area	1,100 ft2
Elevator	None
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	None
Days Open	7
Hours Open	10am-9p
LLBO	N
Employees	2
Heat Type	Elec Forced Air
Financial Statement	Y
Gross Income/Sales	$450,000
Net Income Before Debt	$188,000
Hydro Expense	$4,800
Heat Expenses	$14,400
Insurance Expense	$5,400
Operating Expenses	$262,000
Taxes Expense	$28,800
Other Expenses	$28,200
Expenses Actual/Estimated	Est
Sprinklers	Y
Utilities	A
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	Commercial
Seller Property Info Statement	N

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