##103 5 Manitou Drive, Kitchener - Business for Sale
##103 5 Manitou Drive, Kitchener, Ontario, N2C2J6
Description
Exceptional opportunity to acquire an established Red Swan Pizza franchise in a highly visible Kitchener commercial plaza at Unit 103 - 5 Manitou Drive. Positioned near Highway 401 and surrounded by residential, commercial, and industrial activity, this location benefits from excellent exposure, ample parking, convenient access, and a strong built-in customer base. The business is fully equipped with quality leasehold improvements and a modern kitchen, providing a true turnkey opportunity for a new owner. Seller reports approximately $11,000-$12,000 in weekly sales, while monthly rent is approximately $5,250 including TMI-an attractive occupancy cost relative to current sales volume. An excellent fit for an owner-operator, family-run business, or experienced restaurant operator looking for an established concept without the time and uncertainty of building a location from scratch. Additional upside may be available through increased catering, stronger local marketing, corporate and industrial accounts, online ordering, third-party delivery, and expanded operating hours. With established sales, manageable occupancy costs, franchise support, and a strategic Kitchener location, this is a compelling opportunity to step into an operating pizza business with further growth potential. Turnkey. Established. Strong Sales. Prime Location. Don't miss this opportunity to take over a functioning franchise and start operating from day one.. (id:66096)
Property Details
- MLS®
- X13664378
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- L1
- 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 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.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2C)
This home lists at $379,000, about 5.4× the local median household income of $70,000.
Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.
- Median household income
- $70,000
- Population
- 17,681
- Median age
- 36.8
- Owner / renter
- 33% / 67%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA N2C)
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$379,000
Kitchener