65 University Ave E, Waterloo MLS Number: X10415604
Waterloo, ON, N2J 2V8$325,000
Status: For Sale
- Property Type: Commercial (Sale Of Business)
- Property Taxes : $0.00 (Tax Year:2023)
- Listing Courtesy : Century 21 Right Time Real Estate Inc.
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$325,000
Status: For Sale
This Boardwalk Burgers location in Waterloo presents an excellent investment opportunity. Situated close to both universities and Conestoga College, it benefits from steady foot traffic, especially from students and young professionals. The flexibility to operate it as a franchise or rebrand as an independent business adds versatility to the investment. With food costs around 32-34% and labor costs between 22-25%, the business demonstrates efficient cost management, supporting strong profit margins. Its focus on qualityserving freshly prepared, never-frozen burger patties in a clean, well-maintained environmentenhances the customer experience and fosters repeat business. The 1,308-square-foot store, built with high-quality materials, fire-rated walls, and well-maintained equipment, ensures durability and a welcoming atmosphere with ample seating for high customer volume. Additionally, consistent sales growth, a favorable lease term, and leasehold improvements and equipment valued at over $325,000 further underscore the location's stability and potential for ex
Property Type | :Commercial |
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MLS Number | :X10415604 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :08 Nov, 2024 (13 Days ago) |
Source | :TRREB |
Area | :Waterloo |
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Postal Code | : N2J 2V8 |
Price | : $325,000 |
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Property Taxes | :$0.00 |
Tax Year | :2023 |
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Cross Street | :University & Weber |
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Fireplace/Stove | :No |
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02 Apr, 2024
TREB #X8190470
Available
$325000.0
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