635 E King Street E, Hamilton, Ontario

$64,900

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About 635 E King Street E

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:6289)

More Info on this MLS® listing

635 E King Street E is a listing for sale in Hamilton. The MLS® number is 40876913. It's currently listed for $64,900. For more details on MLS® 40876913, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Hamilton is available now!

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Features of 635 E King Street E

Listing # 40876913
Price $64,900
Type Business

Community Information

Address 635 E King Street E
City Hamilton
Province Ontario
Postal Code L8N1E5

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement None

Additional Information

Zoning T0C1

Listing Details

OfficeKeller Williams Complete Realty

Listing Map

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