106B - 5 MANITOU Drive
Kitchener, Ontario
Business
Excellent Business Opportunity! Presenting a highly lucrative and flourishing business for sale an established operation delivering impressive revenues and robust profit margins, with tremendous scope for continued expansion. Currently operating as a renowned Indian vegetarian food franchise, this venture also offers the flexibility to rebrand, making it a rare chance to acquire a proven, high-performing enterprise.The premises span 2,107 sq. ft., accommodating seating for 40+ guests, with a competitive lease of $7,500/month (inclusive of TMI, HST & water). A fully outfitted commercial kitchen boasts a 20 ft. hood, griddle, 8-burner stove, walk-in cooler (14x14), walk-in freezer (14x14), and an array of additional professional-grade equipment. The property further includes three washrooms (two guest and one staff).Strategically situated at the bustling intersection of Manitou Drive & Fairway Road South, Kitchener, with over 50,000 vehicles passing daily, this business enjoys unparalleled exposure. Nestled within a vibrant plaza featuring ample parking, strong foot traffic, and anchored by major retail brands, the location ensures consistent visibility and customer flow. Kindly refrain from speaking to the staff directly.
Price History
Community
Postal area N2C
- Population
- 17,681
- Private dwellings
- 7,494
- Median age
- 36.8
- Average household size
- 2.4
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Business in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,923
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,923 recorded sales of business properties in Kitchener over the last 12 months.
Location
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