635 E King Street E, Hamilton, Ontario L8N 1E5

Listed for:
$64,900
0 beds
0 baths
Listed 5 days ago
635 E King Street E, Hamilton, Ontario L8N 1E5

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About

Turn-key restaurant for sale in a well-established, proven location. This is a sale of business assets only. No real property is included. The business is offered with an assignment of the existing below-market lease, or a new lease with the landlord if the buyer prefers. Below-market rent and low overhead are a big part of the value here. The kitchen is built and running, so a new owner skips the build-out costs and the months of delay that come with starting from scratch. The current restaurant has earned 332 Google reviews with a 4.7-star average. That kind of track record shows the space works and the neighborhood supports it. The kitchen has commercial cooking equipment under an exhaust hood, refrigerated prep stations, a hot holding line, a dish area, and a separate back prep room with a rear door for deliveries. Up front, the dining room has a service counter with POS, original tin ceilings, and a large storefront window that brings in natural light and gives the restaurant strong street presence. A large basement provides plenty of storage. The location can serve a wide delivery area, which matters because so much restaurant revenue now comes through delivery apps. The restaurant holds an LLBO liquor sales license that can be transferred to the new owner, subject to LLBO approval. One staff parking space at the rear is included. This suits an operator looking for a second location or a first-time owner who wants to open without the cost and risk of a full build. (id:27476)

Property Highlights

MLS® Number
40876913
Type
Business
Land Size
Unknown

Building

Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Keller Williams Complete Realty
MLS® number:
40876913
Agent:
Jason Barry
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Street Spotlight - For sale