Successfully operating since 2019, this is a rare chance to acquire a proven, high-performing restaurant in a prime King Street North location in Waterloo. This turnkey, well-established business offers outstanding exposure along one of the city’s busiest corridors, surrounded by dense residential, student, and commercial activity, including offices such as Manulife. Strong street presence and pylon signage provide consistent visibility and traffic. The location is just minutes from major institutions like University of Waterloo, Wilfrid Laurier University, and Conestoga College. Nearby anchors such as Farm Boy, Tim Hortons, and other big-box retailers, plus close proximity to Wholesale Club, make daily operations and supply runs convenient. The space is approximately 1,200 sq ft with around 40 indoor seats, a modern open-ceiling design, and recent upgrades including new flooring, fresh paint, and bright LED lighting. The commercial kitchen is built for volume, featuring a 15-ft hood with rough-in for an additional 15 ft (up to 30 ft total potential), walk-in cooler, convection oven, gas burners, griller, and more — suitable for high-output or multi-cuisine concepts. Revenue comes from multiple streams including dine-in, catering, tiffin services, and online delivery, backed by an impressive ~4.5? Google rating. Average sales are approximately $52,000 per month. Rent is $6,300 per month, inclusive of TMI, HST, water, and pylon signage. A true turnkey and profitable operation in a high-demand location, ready for the next owner to step in and scale further. All showings by appointment only.
Industrial-style ceiling with exposed ductwork and structural beams
Photo 13 of 38
Commercial space featuring a large glass-front refrigeration unit, wood-finish flooring, recessed lighting, wall-mounted display shelving, and glass entry doors
Image quality insufficient for description
Commercial kitchen space featuring white tiled flooring, stainless steel three-compartment sink, stainless steel shelving, and a white commercial refrigeration unit
Photo 17 of 38
Commercial kitchen space featuring white square floor tiles, light gray walls, exposed ceiling infrastructure, and a wooden-top work table
Commercial kitchen space featuring stainless steel refrigeration units, tile flooring, and a wooden work table
Commercial kitchen featuring stainless steel equipment, tiled flooring, exposed ceiling with ductwork, and wall-mounted water heaters
Photo 21 of 38
Commercial-grade kitchen featuring stainless steel surfaces, integrated stovetop, and hood ventilation system
Professional kitchen space featuring commercial-grade stainless steel equipment, including a range with griddle, a large exhaust hood, and multiple work tables
Photo 24 of 38
Commercial-grade kitchen space featuring white square tile flooring, stainless steel work surfaces, and a large commercial sink
Photo 26 of 38
Photo 27 of 38
Photo 28 of 38
Image quality insufficient for description
Image quality insufficient for description
Aerial perspective showcasing King Street's commercial corridor with multiple businesses and high-rise residential buildings
Aerial view showcasing proximity to major thoroughfares and retail establishments
Aerial perspective of a commercial area featuring multiple business establishments
Image quality insufficient for description
Expansive aerial perspective showcasing a snowy urban landscape with a clear blue sky
Data was last updated June 15, 2026 at 09:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$209,000
Min list price:
$1
Max list price:
$599,900
Avg days on market:
63
Min days on market:
6
Max days on market:
176
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.