$135,000
For sale: Other

A great opportunity to own a well-established Quiznos franchise that has been serving the community since 2003. Located on busy Montrose Road in Niagara Falls, this restaurant benefits from high traffic, excellent visibility, plenty of parking, and is surrounded by major retailers and growing residential neighbourhoods. The gross monthly rent is $5,900 which includes property taxes, water, and air conditioning maintenance. The water heater and prep table refrigerator have both been recently replaced, adding value for the new owner. The lease terms are attractive, making this an excellent opportunity for an owner operator or an investor.The buyer must be approved by the Quiznos franchise, and all required franchise training will be provided by the franchise. Please do not visit the business directly or speak with employees. All showings are by appointment only. Business is being sold in "as is, where is" condition. Inventory is not included in the purchase price and will be sold separately at closing.
Sold data
Homes in Niagara Falls (Mt. Carmel) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 294 recorded sales.
The median sale price was $599,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 294 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Mt. Carmel) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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