123 Pioneer Drive, Kitchener - Business for Sale
123 Pioneer Drive, Kitchener, Ontario, N2P2A3
This business in Kitchener is for sale offering roughly 1,989 sq ft of space.
Description
TURN KEY - Confidential Restaurant Business For Sale in Kitchener. Restaurant / Food Service / Asian Cuisine / Take-Out & Dine-In / LLBO / 65 Indoor Seating. Excellent opportunity to acquire a fully operational restaurant business in a growing Kitchener market. This turnkey food business is currently set up and operating, with established kitchen infrastructure, equipment, leasehold improvements, and an existing customer base. The business became operational in March 2025 and offers a great opportunity for an owner-operator, family-run business, chef-owner, or hospitality investor looking to enter or expand in the fine cuisine and take-out/dine-in segment. Buyer may have the option to continue with the existing operating Name and Concept subject to franchisor approval and separate terms, OR rebrand and operate under their own name and menu. This flexibility makes the opportunity suitable for both experienced restaurant operators and new entrepreneurs looking for a ready-to-operate location. Located in Kitchener with good local market potential, this business can be further grown through catering, delivery platforms, corporate orders, social media marketing, extended hours, and hands-on owner management. Business name, exact details, financials, lease information, and showings will be released only after a signed NDA and seller approval. Please do not approach staff, ownership, or visit the business directly. All inquiries must go through the listing brokerage. Ideal for an owner-operator, family business, chef-owner, restaurant group, newcomer entrepreneur, catering operator, or existing food business looking to expand into Kitchener. (id:66096)
Property Details
- MLS®
- X13596396
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C
- Bathrooms
- 3
- Interior Size
- 1,989 ft²
- Lot Size
- 1,989 sq ft
- Frontage
- 894 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $931,406/yr
- Listed
- 104 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 104 days on market, against an average age of 53 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 31 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 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Kitchener 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 (N2P)
This home lists at $350,000, about 3.2× the local median household income of $110,000.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $110,000
- Population
- 25,040
- Median age
- 36
- Owner / renter
- 76% / 24%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N2P)
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$350,000
Kitchener