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646 Erb Street W Unit# 102 Waterloo, Ontario N2J 3Z4

$277,000

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 Dec 2026 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. (id:56221)

Business

Name Flame Indian Cuisine and Meat shop

Property Details

MLS® Number 40546798
Property Type Business
Amenities Near By Public Transit, Shopping
Community Features High Traffic Area

Building

Basement Type None

Land

Acreage No
Land Amenities Public Transit, Shopping
Zoning Description C3-40

https://www.realtor.ca/real-estate/26595654/646-erb-street-w-unit-102-waterloo

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Sunil Chadha
Broker of Record

(519) 500-8858

Leedway Realty Inc., Brokerage
365 Queen St. S., Unit A
Mississauga, Ontario L5M 1M3

(519) 500-8858
Leedwayrealty.com

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