400 Rideau Street, Ottawa - Business for Sale
400 Rideau Street, Ottawa, Ontario, K1N6B7
This business in Ottawa is for sale offering roughly 1,300 sq ft of space. It has been on the market 50 days, fresher than the Ottawa average of 62 days.
Description
Turnkey Fat Bastard Burrito Franchise For Sale One Of The Top Mexican Food Franchises For Sale In Ottawa Downtown. This Well-Established Store Is Situated In Prestigious Location Steps from University of Ottawa (40,000+ students) And Proximity To Government Offices, Rideau LRT Station, Rideau Centre (Ottawa's largest mall). Surrounded By High Rise Building, Residential Neighbourhoods, Offices, And Retail, Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Mexican Cuisine. Strong Financial Performance: Weekly Sales: Approx. $11,000 $12,000 (And Growing) Rent: Approx. $7204/Month (TMI Included) Lease: Current Lease Long Term Till 2034 Royalty Fee: 8%Advertising Fee: 2% Store Area: Approx. 1300 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity! (id:66096)
Property Details
- MLS®
- X13796010
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,300 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 50 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 50 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 50 days, which is 12 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 $329,000, about 5.1× the local median household income of $64,000.
Carrying it typically needs a household income of about $64,265 (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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$329,000
Ottawa