600 Laurelwood Drive Unit 300B
Waterloo, ON N2V 0A2
About This Property
Sale of a successful BarBurrito franchise in a prime high-traffic plaza! Property boasts of a tastefully completed modern kitchen, stylish dining area, premium leasehold improvements with high open ceilings and abundant Natural Light. Plaza with ample parking & National tenants: Shoppers Drug Mart, Dollarama, Food basics, DQ, Subway, Kumon and many more. Across Laurel Heights High School enabling high lunch and evening traffic. Perfect for first-time business owners, families, new immigrants, or experienced investors seeking a reliable, cash-flow. To increase revenue, buyer can also get a halal certification done for the store.Currently operated by trained staff, Absentee Owner, location has option to obtain LLBO lic. Lease Term 10-year + Two 5-year renewal options. Low Gross Rental: 3,696 per month approx. Franchise royalty fees 6% + 1.25% Marketing.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13684774
Listed by RE/MAX OPTIMUM REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,216
/month · $199,200 mortgage
Amortization
Total Interest
$165,570
Total Cost
$364,770
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX OPTIMUM REALTY