75 Macdonell Street, Guelph (Downtown) - Business for Sale
75 Macdonell Street, Guelph (Downtown), Ontario, N1H2Z7
Description
This Family Shawarma (Tangy Tasty) restaurant, the first of its kind in Downtown Guelph, uniquely blends spices and marinading techniques to create wholesome meals and foster strong relationships. The current owners are willing to train and transition the business to a new buyer. However, with Downtown Guelph's current gentrification and ethnic diversification, there's a palpable demand for a "Trinidadian Doubles and Roti restaurant." Local Caribbean food lovers yearn for it, and there's also a huge demand for an affordable Chinese food restaurant offering three-item meals under $15. The restaurant boasts a 10-foot wide range hood venting system, ample space for roti and doubles/paratha preparation, a steamer table, and multiple freezers. All the equipment and recipes are included, so you could be up and running quickly. The rent is affordable. This beloved savoury food destination has been serving the community for nearly 16 years, with a strong, loyal clientele known for its authentic recipes, fresh ingredients, and unmatched taste. Ideally located near nightlife hotspots, office towers, student pubs, the main transit hub, the River Run Centre, and the upcoming Conestoga College downtown campus, this restaurant offers unbeatable exposure and constant foot traffic. It's a perfect turnkey investment. (id:66096)
Property Details
- MLS®
- X13444196
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C3
- Frontage
- 96 ft
- Heating
- Other
- Cooling
- None
- Property Tax
- $624/yr
- Listed
- 142 days ago
Features
- Appliances
- Oven, Microwave, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 142 days on market, against an average age of 68 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 (Downtown) 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 $54,900, about 0.7× the local median household income of $77,000.
Carrying it typically needs a household income of about $10,724 (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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$54,900
Guelph