A well-known Mexican franchise is now available in a prime Kitchener location. Positioned in the only major plaza in Doon South, it’s surrounded by residential neighborhoods, condos, and popular retail outlets like Shoppers Drug Mart, Dollarama, Zehr’s, 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. Don’t miss this fantastic opportunity to own a profitable, well-located business with room for further expansion. (id:4069)
Address
123 PIONEER Drive Unit# E4
List Price
$325,000
Property Type
Business
Area
Ontario
Sub-Area
Kitchener
MLS® Number
40690386
Listing Brokerage
RE/MAX Real Estate Centre Inc.
Basement Area
None
Postal Code
N2P2A3
Site Influences
Public Transit, Shopping
Features
Visual exposure
