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1 - 655 PARKSIDE Drive

1 - 655 PARKSIDE Drive

Waterloo, Ontario

Business

$499,999

Bring your own concept or assume existing franchise set up. Excellent opportunity to acquire a well-established Karahi Point Waterloo franchise in a prime high-traffic location on Northfield Dr in Waterloo. Successfully operating for over 3 years with strong brand recognition and a loyal customer base. This turnkey business offers approximately 3253 sq ft of efficiently laid out space with a fully equipped kitchen, and 106 people dine-in seating area WITH additional patio capacity of approximately 30 to 35 people. Located in a busy commercial corridor surrounded by major retailers, residential communities, and consistent foot and vehicle traffic. Ideal for owner-operators seeking a stable and scalable business. Training will be provided for a smooth transition. Do not go direct or speak to employees.

Price History

Community

Postal area N2L

Population
37,953
Private dwellings
19,681
Median age
29.8
Average household size
2.2
Median household income
$69,500

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 Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,033
Median days on market
21
Sale-to-list price
99.8%

Based on 1,033 recorded sales of business properties in Waterloo over the last 12 months.

Location

R

Reita | Assistant

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