Kalpesh Patel (KK)
Broker
Homelife/Miracle Realty Ltd., Brokerage
Independently owned and operated.
5010 Steeles Ave. west, Toronto, Nunavut M9V5C6
Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135
$199,000
Available - For Sale
Listing ID: X9045961
646 Erb St West , Unit 102, Waterloo, N2T 0A8, Ontario
| 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. |
| Extras: 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. Monthly rent is $6,460.23 including net rent, TMI and HST. |
| Price | $199,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Assessment: | $0 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 646 Erb St West , Unit 102, Waterloo, N2T 0A8, Ontario |
| Apt/Unit: | 102 |
| Postal Code: | N2T 0A8 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Erb St W and Erbsville Rd |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 1237.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1237 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Business/Building Name: | Flame Indian Cuisine And Meat Shop |
| Financial Statement: | N |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 11am -8 |
| Employees #: | 1 |
| Seats: | 14 |
| LLBO: | N |
| Sprinklers: | Part |
| Washrooms: | 1 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm Avail |
| Water: | Municipal |
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| LEEDWAY REALTY INC. |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Baths: | 1 |
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