386 Richmond Road, Ottawa - Business for Sale
386 Richmond Road, Ottawa, Ontario, K2A0G2
This business in Ottawa is for sale offering roughly 2,432 sq ft of space. It has been on the market 0 days, fresher than the Ottawa average of 62 days.
Description
Turnkey Mary Brown's Chicken Franchise For Sale - Prime Ottawa Location. **Excellent Westboro Village Location!** Strategically Situated Along Richmond Road In One Of Ottawa's Most Desirable And Established Neighbourhoods. Well-Established, Great Exposure, Famous, And Successful Business Model With Over 300+ Locations Across Canada. This Location Offers Unmatched Exposure And A Steady Stream Of Both Local And Tourist Foot Traffic. Positioned In A Vibrant, High-Density Area With Strong Daytime And Evening Customer Flow. Key Highlights:Prime Location: A Popular Spot Known For Its Signature Fried Chicken, Taters (Seasoned Potato Wedges), And Coleslaw.Financial Performance: Annual Sales: Gross Sales More Than $900k Rent: Approx. $11,118/Month Including TMI Long Lease: Existing Till 2033+ 5 + 5 year Royalty Fee: 5% Advertising Fee: 4% Store Area: Approx. 2,432 Sq. Ft.Don't Miss This Rare Opportunity To Own A Profitable And Growing Franchise In A Thriving Location! (id:66096)
Property Details
- MLS®
- X14150074
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 2,432 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- Today
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 0 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 0 days, which is 62 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 (K2A)
This home lists at $545,000, about 5.2× the local median household income of $105,000.
Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.
- Median household income
- $105,000
- Population
- 17,156
- Median age
- 47.2
- Owner / renter
- 60% / 40%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K2A)
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$545,000
Ottawa