241 Edinburgh Road North, Guelph (Exhibition Park) - Business for Sale
241 Edinburgh Road North, Guelph (Exhibition Park), Ontario, N1H5S2
Description
This is your chance to own a long-standing and highly recognized restaurant business with a strong reputation, a loyal customer base, and a history of consistent high six-figure annual revenue. Designed to support efficient, high-volume food service operations, the business operates from over 4,000 sq. ft. of functional commercial space and offers a turnkey setup ideal for an owner-operator, hospitality group, or entrepreneur looking to expand their portfolio. Currently operating from a prime location along a high-traffic corridor, this successful business benefits from outstanding visibility, prominent street-front signage, and ample on-site parking with more than 22 spaces for customers and staff. This offering presents a rare chance to continue an established operation, introduce a fresh concept, or expand an existing hospitality business without the time and expense of building from the ground up. (id:66096)
Property Details
- MLS®
- X13487606
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- SC
- Bathrooms
- 2
- Parking
- 22
- Lot Size
- 14,375 sq ft (0.33 ac)
- Frontage
- 125 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $24,173.92/yr
- Listed
- 134 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 134 days on market, against an average age of 67 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.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Guelph (Exhibition Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1H)
This home lists at $250,000, about 3.2× the local median household income of $77,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,178
- Median age
- 41.2
- Owner / renter
- 54% / 46%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N1H)
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$250,000
Guelph