This Boardwalk Burgers location in Waterloo presents an excellent investment opportunity. Situated close to both universities and Conestoga College, it benefits from steady foot traffic, especially from students and young professionals. The franchise with food costs around 32-34% and labor costs between 22-25%, the business demonstrates efficient cost management, supporting strong profit margins. Its focus on quality—serving freshly prepared, never-frozen burger patties in a clean, well-maintained environment—enhances the customer experience and fosters repeat business. The 1,308-square-foot store, built with high-quality materials, fire-rated walls, and well-maintained equipment, ensures durability and a welcoming atmosphere with ample seating for high customer volume. Additionally, consistent sales growth, a favorable lease term, and leasehold improvements and equipment valued at over $325,000 further underscore the location's stability and potential. (id:4069)
Address
65 UNIVERSITY Avenue E
List Price
$209,000
Property Type
Business
Area
Ontario
Sub-Area
Waterloo
MLS® Number
40675648
Listing Brokerage
CENTURY 21 RIGHT TIME REAL ESTATE INC.
Basement Area
None
Postal Code
N2J2V8
