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5 MANITOU Drive Unit# 106B, Kitchener, Ontario

$269,000

MLS® 40867132

Excellent Business Opportunity – OPEN TO REBRANDING! Take advantage of this rare opportunity to acquire an established, high-performing restaurant business in a prime Kitchener location. Currently operating as a well-known Indian vegetarian food franchise, the business offers strong revenues, healthy profit margins, and excellent growth potential. Most importantly, the location is OPEN TO REBRANDING, providing buyers the flexibility to introduce their own restaurant concept or brand, subject to landlord approval and applicable requirements. The spacious 2,107 sq. ft. premises offers seating for 40+ guests and a competitive monthly lease of approximately $7,500, including TMI, HST & water. The fully equipped commercial kitchen features an impressive 20-ft hood, griddle, 8-burner stove, 14' x 14' walk-in cooler, 14' x 14' walk-in freezer, plus additional professional-grade equipment. Three washrooms include two for guests and one for staff. Strategically positioned near the busy intersection of Manitou Drive & Fairway Road South, Kitchener, with excellent exposure to high daily traffic. Located in a vibrant commercial plaza with ample parking, strong visibility, foot traffic, and major retail brands nearby. (id:56426)

PK Kapoor

Listed by RE/MAX Real Estate Centre Inc.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
256,885
Median household income
$87,000
Median home value
$680,000
Owner-occupied
60%
Homes for sale
3,378
Median list price
$619,900

Source: Statistics Canada 2021, LiveBy

Map of Kitchener
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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