#C8 1270 Fischer-Hallman Road, Kitchener - Business for Sale
#C8 1270 Fischer-Hallman Road, Kitchener, Ontario, N2E3X7
This business in Kitchener is for sale offering roughly 1,212 sq ft of space.
Description
A rare turn-key opportunity to acquire a thriving Noodle Box location in one of Ontario's fastest-growing city called "Kitchener". This well-established Asian-inspired fast-casual restaurant is known for fresh stir-fry noodles, rice bowls, and Thai curries, and generates approximately $60,000 - 65,000/month in sales. Perfect Location & Foot Traffic Situated in a very well established plaza with many big retailers like Food Basics, BMO, Dollarama as anchor store. Very High-traffic area with strong surrounding demands from residential neighborhoods, retail, schools, and daily commuters. Major development in progress which will increase the demand & revenue Facilities Fully equipped commercial kitchen with exhaust hood, walk-in cooler, POS system, and a modern dining area - ready to operate from day one. Business Strengths Recognized franchise brand with strong corporate support Established customer base with active online delivery presence Attractive lease terms with very reasonable rent ($6341 Incl. TMI & HST) Growth Potential Room to increase revenue through catering, extended operating hours, and additional marketing initiatives. (id:66096)
Property Details
- MLS®
- X13471104
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Retail
- Interior Size
- 1,212 ft²
- Lot Size
- 1,212 sq ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 137 days ago
Services
- Water
- Municipal water
- Sewer
- Storm sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 137 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 (N2E)
This home lists at $399,000, about 4.3× the local median household income of $93,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 40,428
- Median age
- 36.4
- Owner / renter
- 66% / 34%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA N2E)
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$399,000
Kitchener