30B - 1601 RIVER ROAD E, Kitchener

$615,000

For sale: Other

Other at 30B - 1601 RIVER ROAD E, Kitchener
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X14151276

PROFITABLE TURNKEY MARY BROWN'S CHICKEN FRANCHISE | 72% DIRECT SALES / 28% THIRD-PARTY SALES (Uber Eat etc.) | PRIME KITCHENER LOCATION! Exceptional opportunity to own a Mary Brown's Chicken restaurant in Kitchener. Situated in the established Shopping Centre, which recently upgraded. This restaurant offers great exposure while serving Kitchener and surrounding communities. Benefit from the strength of a recognized Canadian brand known for its signature fried chicken, Big Mary sandwiches and taters, with a successful business model spanning over 300 locations across Canada. An excellent opportunity for an owner-operator seeking an operating quick-service restaurant backed by an established franchise concept. Restaurant located in a corner unit. Acquire an existing restaurant and build on its local presence in a growing community. Buyer subject to franchisor approval. Please do not approach employees or discuss the sale with staff. All showings by appointment only through the Listing Brokerage. Don't Miss this rare opportunity to own a profitable and growing franchise in a thriving and ever growing city. Priced to SELL!

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 456 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $639,500.

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

About 37% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$639,500
Sale-to-list ratio
98.8%
Sold above asking
37%

Based on 456 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 30B - 1601 RIVER ROAD E