Price: $149,999

2559 Princess Street, Kingston, ON K7P 2W8

IMMEDIATE POSSESSION of this fully operational, turn-key Takeout/Delivery Restaurant space, subject to the Landlords approval of the Buyers usage and creditworthiness in assuming the Lease. The restaurant is in an excellent, high-traffic plaza at the southwest corner of Princess St. and Gardiners Road, abutting Cataraqui Mall, one of Kingston's busiest intersections. There is ample on-site parking. The modern, high-quality fit-up of the space, completed in 2023, includes a 12ft exhaust hood, suppression system, walk-in fridge/freezer, and most of the other components necessary in a turnkey commercial kitchen, suitable for a variety of international cuisine menus. Permit plan copies are included under documents. Limited In-house dining could be possible with the appropriate approvals. The current lease has a very attractive rental rate and expires July 31, 2031. There are two optional five-year renewal periods. All showings must be by appointment through the Listing Agent, who is to attend all showings.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1120 Square Feet

List Price

$149,999

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Fast Food/Takeout

Years in Business

N/A

Location

Kingston, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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