23 King Street

Original Remarks

An exceptional opportunity to acquire a fully built-out, turnkey restaurant in one of Uptown Waterloo's most sought-after dining corridors. This beautifully designed space features a brand-new, fully equipped commercial kitchen, along with a liquor license already approved, allowing for a seamless and immediate takeover. Currently operating as a well-established and profitable franchise, the business offers full flexibility, continuing with the existing brand and revenue stream, or rebrand and launching your own unique restaurant concept without the cost and delay of a new build-out. Boasting prime street-front exposure on King Street, strong pedestrian traffic, and a warm, inviting interior that appeals to both casual diners and repeat customers, this location is ideally positioned for long-term success. A secure lease in place until November 30, 2030, plus a 5-year renewal option, provides stability and confidence for future growth. A rare chance to step into a fully operational restaurant in a high-demand location, ideal for experienced operators, first-time restaurateurs, or investors seeking a premium hospitality asset.