$275,000
Available - For Sale
Listing ID: X12212125
1118 King Stre East , Cambridge, N3H 3P6, Waterloo
| A premier opportunity awaits an ambitious owner-operator with the sale of a well-established and thriving restaurant located in the vibrant core of Downtown Cambridge. This is a unique chance to acquire a successful, turn-key business strategically positioned to benefit from the area's significant and consistent foot traffic.Nestled amidst a dynamic mix of popular bars, corporate offices, and bustling retail stores, this establishment is a prime destination for a diverse and steady stream of patrons. The restaurant offers a welcoming atmosphere with an interior capacity for 60 guests and is fully licensed (LLBO), providing a crucial asset for revenue growth through beverage sales.The operation is supported by a fully equipped kitchen, ready for immediate culinary execution. A key advantage of this location is its convenient parking, with ample private spaces available at the rear of the building in addition to accessible street parking.This offering is defined by its remarkable flexibility and strong financial viability. The exceptionally low rent minimizes overhead, directly enhancing profitability. Furthermore, the absence of franchise or menu restrictions grants a new owner complete creative freedom to continue the current concept or to introduce any type of culinary vision to an eager downtown clientele. |
| Price | $275,000 |
| Taxes: | $14956.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Owner |
| Address: | 1118 King Stre East , Cambridge, N3H 3P6, Waterloo |
| Postal Code: | N3H 3P6 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | king st E And Dolph st S |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 11am to |
| Employees #: | 5 |
| Seats: | 60 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE 247 REALTY |
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|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $14,956 |
| Fireplace: | N |
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