123 Pioneer Drive Unit# E4 Kitchener, Ontario N2P 2A3
$355,000
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:46441)
Business
| Name | Famous Mexican Franchise |
Property Details
| MLS® Number | 40647878 |
| Property Type | Business |
| Amenities Near By | Public Transit, Shopping |
| Community Features | High Traffic Area, Community Centre |
| Features | Visual Exposure |
Building
| Basement Type | None |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Size Total Text | Unknown |
https://www.realtor.ca/real-estate/27421523/123-pioneer-drive-unit-e4-kitchener
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December 11 2024 01:58:31
Kitchener-Waterloo Association of REALTORS®
RE/MAX Real Estate Centre Inc.