$349,000
Available - For Sale
Listing ID: X12396772
825 Saginaw Park , Cambridge, N1T 0E2, Waterloo
| Excellent opportunity to acquire a well-established and recently renovated Indian restaurant franchise in a prime Cambridge location near Highway 401 and the Cambridge Gurudwara. This turnkey operation is generating strong, stable revenue with reported net monthly profits of $10,000$15,000 (as per seller) and features a fully equipped commercial kitchen (all equipment owned), new dine-in chairs, and a spacious designated office with a highly functional layout for efficient operations. The restaurant benefits from excellent high-traffic exposure from Hwy 401, close proximity to a growing residential and business community, and steady customer flow from the nearby Gurudwara and surrounding neighborhoods. In addition to dine-in, take-out, catering, and delivery, the restaurant also offers a popular tiffin service, creating a reliable recurring revenue stream. With a favorable 5 + 5 lease at $3,884.46/month (TMI included)of which only nine months have been used by the current owner this is an ideal acquisition for experienced operators or investors seeking a reputable, high-demand franchise with proven profitability and growth potential. Please do not approach staff directly. All inquiries should be directed to the listing brokerage. |
| Price | $349,000 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 825 Saginaw Park , Cambridge, N1T 0E2, Waterloo |
| Postal Code: | N1T 0E2 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 6, REGISTRARS COMPILED PLAN 1385, |
| Directions/Cross Streets: | Townline Rd/ Saginaw Parkway |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Fast Food/Takeout |
| Building Percentage: | F |
| Total Area: | 1390.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 12 PM t |
| Employees #: | 2 |
| Seats: | 20 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| HOMELIFE/MIRACLE REALTY LTD |
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Ritu Anand
Broker
Dir:
647-287-4515
Bus:
905-454-1100
Fax:
905-277-0020
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Fireplace: | N |
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