$149,000
FOR SALE

Business for Sale

Fast Food/Takeout

Lot: 16 x 50 ft

255 King St N
Waterloo, ON N2J 4V2

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13206030
Last Updated May 27, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Fast Food/Takeout
Franchise Non-Franchise
PIN 223620166
Directions/Cross Streets University Ave and King Street North
Area Waterloo
Price History

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Detailed Information
Bathrooms 2
Lot 16 x 50 ft
Air Conditioning Yes
Chattels Y
Garage Type None
Heat Type Gas Forced Air Open
Financial Statement Y

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