C8 - 1270 FISCHER-HALLMAN ROAD, Kitchener

$399,000

For sale: Other

Other at C8 - 1270 FISCHER-HALLMAN ROAD, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13471104

A rare turn-key opportunity to acquire a thriving Noodle Box location in one of Ontario's fastest-growing city called "Kitchener". This well-established Asian-inspired fast-casual restaurant is known for fresh stir-fry noodles, rice bowls, and Thai curries, and generates approximately $60,000 - 65,000/month in sales. Perfect Location & Foot Traffic Situated in a very well established plaza with many big retailers like Food Basics, BMO, Dollarama as anchor store. Very High-traffic area with strong surrounding demands from residential neighborhoods, retail, schools, and daily commuters. Major development in progress which will increase the demand & revenue Facilities Fully equipped commercial kitchen with exhaust hood, walk-in cooler, POS system, and a modern dining area - ready to operate from day one. Business Strengths Recognized franchise brand with strong corporate support Established customer base with active online delivery presence Attractive lease terms with very reasonable rent ($6341 Incl. TMI & HST) Growth Potential Room to increase revenue through catering, extended operating hours, and additional marketing initiatives.

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 38, across 504 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $649,000.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 37% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$649,000
Sale-to-list ratio
98.7%
Sold above asking
37%

Based on 504 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 C8 - 1270 FISCHER-HALLMAN ROAD