58 King George Road, Brantford - Business for Sale
58 King George Road, Brantford, Ontario, N3R5K4
This business in Brantford is for sale offering roughly 5,000 sq ft of space. It has been on the market 7 days, fresher than the Brantford average of 64 days.
Description
Profitable well-established franchise restaurant with a strong local customer base and an excellent reputation. Annual sales are over $1.1M. Current lease runs until December 31, 2031, with renewal options available. The restaurant features a luxurious and spacious interior. Fully staffed turnkey operation with experienced employees in place. The owner primarily manages the business, making this an excellent investment opportunity without the need to work on-site full-time. The business is being offered for sale as the owner's family is relocating to the United States. Stable business with consistent sales and excellent growth potential. (id:66096)
Property Details
- MLS®
- X14130744
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 5,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 7 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 7 days on market, against an average age of 64 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Brantford has been listed for 7 days, which is 57 days fresher than the city average of 64. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3R)
This home lists at $375,000, about 4.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $83,000
- Population
- 35,858
- Median age
- 45.6
- Owner / renter
- 71% / 30%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA N3R)
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$375,000
Brantford