304 Stone Road West, Guelph (Kortright West) - Business for Sale
304 Stone Road West, Guelph (Kortright West), Ontario, N1G3C4
This business in Guelph is for sale offering roughly 4,800 sq ft of space.
Description
Sale of business of a very successful Comfort Gourmet Franchise Restaurant. This tastefully done Franchise restaurant features 200 seats inside + 46 Patio Seats, large Kitchen, Abundance of Natural light, LLBO licensed. Successful Franchisor with over 20 locations. This location has been in business for over 15 years with long list of loyal clientele. Other Tenants in the plaza: Tim Hortons, Wendy's, Dominos, DQ and many more. Perfect business for groups/individuals looking at learning from this successful franchise and further improve revenues. Franchisor Royalties + Marketing Fees: 5% + 2% of revenue approx. Low Rental: Gross Rent (Net rent+TMI+HST) - $17,500.00 per month Approx, Lease ends April 2028 with Renewal options till April 2038. (id:66096)
Property Details
- MLS®
- X13661206
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 4,800 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 85 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 85 days on market, against an average age of 70 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 Guelph (Kortright West) 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 (N1G)
This home lists at $549,000, about 5.6× the local median household income of $98,000.
Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
- Median household income
- $98,000
- Population
- 29,688
- Median age
- 37.6
- Owner / renter
- 65% / 35%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA N1G)
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$549,000
Guelph