$199,000
FOR SALE

Franchise Business for Sale

Cafe

Lot: 259.26 x 0 ftTotal Area: 2,700 ft2

573 King St N
Waterloo, ON N2L 5Z7

This little shop located at Waterloo called Coffee of the World is a very famous spot that serves coffee, K-cups, or any types of coffee and also does catering services. Located in an area with lots of exposure, near the intersection of King St N and Northfield Dr W.This 2,700 sq ft unit is equipped with a 5 ft hood, 1 walk-in fridge, 2 washrooms, and tons of parking outside. The unit has a seating capacity for 30 people.
Extras
The place started in 2014 and is already on it's 9th year. Gross lease rate of $8,584 with a 10-yearlease that can discussed. Just in 2022, sales are at $392,611. Ownership structure is 100%. The neighbourhood tenants also has LCBO, Scotia
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9348146
Last Updated Sep 16, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Cafe
Franchise Franchise
Business/Building Name Coffee Of The World
Category Without Property
PIN 222800144
Legal Description LT 1-2, 6-7 PL 813 CITY OF WATERLOO; PT LT 3-5 PL
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets King St N & Northfield Dr W
Area Waterloo
Price History

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Detailed Information
Freestanding N
Bathrooms 2
Lot 259.26 x 0 ft
Retail Area 2,700 ft2
Total Area 2,700 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Amps 600
Volts 200
Days Open 7
Hours Open 8-6:30
LLBO N
Employees 2
Heat Type Gas Forced Air Closd
Financial Statement N
Outside Storage N
Soil Test N
Seats 30
Sewers San+Storm
Water Municipal
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Business Commercial
Seller Property Info Statement N

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