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Home ON Kitchener - Cambridge - Waterloo Kitchener Pioneer Park
E4 - 123 PIONEER DRIVE
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E4 - 123 PIONEER DRIVE $355,000
$355,000
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E4 - 123 PIONEER DRIVE
Kitchener, Ontario N2P2A3

MLS® Number: X9352312

Listing Description

A well-known Mexican franchise is now available in a prime Kitchener location. Positioned in the only major plaza in Doon South, its surrounded by residential neighborhoods, condos, and popular retail outlets like Shoppers Drug Mart, Dollarama, Zehrs, and other well-established brands.This spacious 1,250 sq. ft. unit features a seating capacity of 28 and is a fully turnkey operation perfect for first-time buyers venturing into entrepreneurship or experienced business owners looking to expand their portfolio. With a steady stream of returning customers, this thriving business offers significant growth potential, especially by obtaining an LLBO license to transform the restaurant into a social hotspot.Lease terms are favorable with a 1+5-year agreement, and gross rent is $5,500/month. The business maintains a food cost of 25%, wages at 16%, and a 6% royalty fee. Dont miss this fantastic opportunity to own a profitable, well-located business with room for further expansion. (36774106)

Location Description

Homer Watson Blvd to Pioneer Dr.

Property Summary

Property Type
Business
Land Size
893.51 FT
Annual Property Taxes
$0
Time on REALTOR.ca
93 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Fast foods)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Land

Lot Features
Frontage
893 ft ,6 in
Other Property Information
Zoning Description
COMMERCIAL
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
PK KAPOOR