646 Erb W St, Waterloo, Ontario N2T 0A8

  • $199,000
646 Erb W St, Waterloo, Ontario N2T 0A8

Overview

Property ID: X9045961
  • Commercial Sale, Business
  • Property Type
  • 1
  • Bathroom
  • 1237
  • Sqft

Description

Flame Indian Cuisine and Meat shop continues to be a successful “take out” business in Waterloo for last 15 years and has built a loyal customer base. The business gets tremendous exposure being located in a busy retail plaza close to the Boardwalk, Costco and other retail/commercial outlets. The business attracts new repeat customers being surrounded by residential neighborhoods, old and developing. Pl note: 1. currently operating 6 days/week; 2. the business permit allows for 14 seat indoor dining as well. A great opportunity, thus exists for further growth and generating greater revenue. Current lease is till Apr 30 2027 with 2 X 5 year options. Next 5 year term rent already negotiated. Total space is 1237 square feet. Monthly rent is $6,460.23 including net rent, TMI and HST. Water is included in the rent. The sale includes all the fixtures, equipment including the new 20 ft hood as well as ample sized walk-in cooler with roof top compressor system. Wheel chair accessible bathroom.

  • Address 646 Erb W St
  • City Waterloo
  • State/county Ontario
  • Zip/Postal Code N2T 0A8

Details

Updated on August 1, 2024 at 7:20 pm
  • Property ID: X9045961
  • Price: $199,000
  • Property Size: 1237 Sqft
  • Bathroom: 1
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: X9045961

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