175 Rideau Street, Ottawa - Business for Sale
175 Rideau Street, Ottawa, Ontario, K1N9P1
This business in Ottawa is for sale. It has been on the market 4 days, fresher than the Ottawa average of 62 days.
Description
BOUSTAN SHAWARMA FRANCHISE FOR SALE IN DOWNTOWN OTTAWA! Take over an operating restaurant at 175 Rideau Street, close to CF Rideau Centre, the ByWard Market, the University of Ottawa and Rideau O-Train Station. This central location places the business within reach of students, downtown residents, office workers, shoppers and tourists. Surrounded by hotels, residential buildings, retail, dining and entertainment, the restaurant is positioned to serve a varied customer base-from a quick lunch between classes or meetings to dinner and takeout after shopping or an evening downtown. Nearby public transit adds convenience for customers and employees. Known for its Lebanese cuisine and shawarma, Boustan brings a recognized franchise identity to this existing restaurant operation. Training will be provided to help the incoming owner learn the business and transition into ownership. An opportunity for a hands-on owner-operator, an entrepreneur entering the restaurant industry or an experienced restaurateur looking to expand into a central Ottawa location. (id:66096)
Property Details
- MLS®
- X14135930
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Other
- Cooling
- Fully air conditioned
- Listed
- 4 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 4 days on market, against an average age of 62 days across the listings currently for sale in this city
This business in Ottawa has been listed for 4 days, which is 58 days fresher than the city average of 62. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K1N)
This home lists at $199,900, about 3.1× the local median household income of $64,000.
Carrying it typically needs a household income of about $39,047 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $64,000
- Population
- 26,639
- Median age
- 34
- Owner / renter
- 24% / 76%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA K1N)
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$199,900
Ottawa