205 Bank Street North, Ottawa - Business for Sale
205 Bank Street North, Ottawa, Ontario, K2P1W7
Description
Excellent opportunity to own a well-established and profitable shawarma business in a great location with an established customer base. The business generates strong revenue and offers excellent financial performance, with impressive financial statements available for qualified buyers. Fully equipped and ready for a new owner to take over and operate immediately. Great opportunity for an owner-operator or investor looking for a successful turnkey food business with strong growth potential. (id:66096)
Property Details
- MLS®
- X13664780
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Frontage
- 100 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $60,000/yr
- 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 62 days across the listings currently for sale in this city
This business in Ottawa 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 (K2P)
This home lists at $499,000, about 7.5× the local median household income of $66,500.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
- Median household income
- $66,500
- Population
- 18,825
- Median age
- 34.4
- Owner / renter
- 19% / 81%
- Avg. household size
- 1.5
Source: Statistics Canada, 2021 Census (FSA K2P)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$499,000
Ottawa