Price: $399,999

#5 - 29 King Street, Kitchener, ON N2G 2K4

An exciting opportunity to own a well-established and thriving Indian restaurant franchise located in a high-foot-traffic area of downtown, just steps from Conestoga College. This turnkey operation features a modern and inviting interior with seating for over 40 guests, a fully licensed bar, and a spacious, fully equipped commercial kitchen. The restaurant is fully furnished and ready for immediate operation, offering consistent revenue, a loyal customer base, and strong potential for further growth through catering, delivery, or extended hours. In addition to its customer-friendly layout, the property includes a designated office space with a private washroom, as well as separate customer restrooms for added convenience. A favourable long-term lease is in place, making this a perfect opportunity for an aspiring restauranteur or an experienced operator looking to expand their portfolio in a sought-after location. Commercial Condo Fee of $632.69 is included in the rent.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2026 Square Feet

List Price

$399,999

Gross Income

N/A

Annual Taxes

$7,592

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Kitchener, 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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