#103 - 5 MANITOU DRIVE, Kitchener

$379,000

For sale: Other

Other at #103 - 5 MANITOU DRIVE, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13664378

Exceptional opportunity to acquire an established Red Swan Pizza franchise in a highly visible Kitchener commercial plaza at Unit 103 - 5 Manitou Drive. Positioned near Highway 401 and surrounded by residential, commercial, and industrial activity, this location benefits from excellent exposure, ample parking, convenient access, and a strong built-in customer base. The business is fully equipped with quality leasehold improvements and a modern kitchen, providing a true turnkey opportunity for a new owner. Seller reports approximately $11,000-$12,000 in weekly sales, while monthly rent is approximately $5,250 including TMI-an attractive occupancy cost relative to current sales volume. An excellent fit for an owner-operator, family-run business, or experienced restaurant operator looking for an established concept without the time and uncertainty of building a location from scratch. Additional upside may be available through increased catering, stronger local marketing, corporate and industrial accounts, online ordering, third-party delivery, and expanded operating hours. With established sales, manageable occupancy costs, franchise support, and a strategic Kitchener location, this is a compelling opportunity to step into an operating pizza business with further growth potential. Turnkey. Established. Strong Sales. Prime Location. Don't miss this opportunity to take over a functioning franchise and start operating from day one..

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 37, across 572 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.

The median sale price was $649,900.

Homes sold for about 1.2% below asking on average, so there was room to negotiate.

About 39% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$649,900
Sale-to-list ratio
98.8%
Sold above asking
39%

Based on 572 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near #103 - 5 MANITOU DRIVE