#A3 800 FRANKLIN, Cambridge - Business for Sale
#A3 800 FRANKLIN, Cambridge, Ontario, N1R7Z1
This business in Cambridge is for sale. It has been on the market 2 days, fresher than the Cambridge average of 57 days.
Description
EXCEPTIONAL TURNKEY RESTAURANT & FRANCHISE OPPORTUNITY! Own more than just a restaurant — acquire an established brand with full brand ownership and franchisor rights, offering exciting opportunities for future expansion! This well-operated restaurant features a streamlined business model with minimal staffing requirements, ideal for entrepreneurs, owner-operators and investors. The brand has already expanded with a recently opened location in Kitchener, creating a foundation for further growth. ATTRACTIVE LEASE TERMS: Monthly rent of just $4200 (INCLUDED TMI AND WATER), with a 2+5 year lease renewal option! Strategically located on busy Franklin Boulevard in Cambridge, within an established commercial plaza surrounded by residential neighbourhoods, businesses and essential amenities. Excellent accessibility, ample parking and convenient access to Highway 401. A RARE OPPORTUNITY TO OWN AN OPERATING RESTAURANT, BUILD YOUR BRAND AND EXPAND YOUR BUSINESS EMPIRE!. RATING - 4.8 OVERALL. (id:66096)
Property Details
- MLS®
- 40875331
- Property Type
- Business
- Zoning
- CS5C5
- Basement
- None
- Listed
- 2 days ago
Market Timing
Just listed: 2 days on market, against an average age of 57 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 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge has been listed for 2 days, which is 55 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $105,000, about 1.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $20,510 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$105,000
Cambridge