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$299,000
Status: OFF MARKET
Galito's is a well-known franchise restaurant. 40 Seats In The Restaurant. And The Lease Remain 6 Years + 5 Years (Option). The rent is $8,256 gross including TMI. The location is close to the university. There is the hood systems 8 ft, with tons of equipment, including 2 walk-ins. The restaurant with a great product and some excellent locations. 6% + 2% royalties, and lots of potential with a long lease. Can be kept as the same business or converted to a different concept or cuisine.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X6671050 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :28 Sep, 2023 (420 Days ago) |
| Source | :TRREB |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2J 4V2
|
| Price | : $299,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :King /University |
|---|
| Fireplace/Stove | :No |
|---|
28 Aug, 2023
TREB #X6671050
Available
$299000.0
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$299,000
255 King St N, Waterloo, Ontario
Listing ID #X6671050
Price drop by $50,000