$750,000
For sale: Other

FRANCHISE BUSINESS FOR SALE! Burger Restaurant. >>> Winner of Consumer Choice Award for BEST BURGER!!! Halal Menu! Lots of Equipment! LEASE: 5-Yr plus 5-Yr Renewal Options. Profit over 20%. Gross Sales Apron. $1mil. Rent: Approx.$7,444.00/Mth +HST. Superb build-out. Roadside Wooden Patio Allowed March-October! Lots of foot traffic! Located in Ottawa's premier Byword Market retail neighbourhood!!!. Loved by the PM & Politicians! High density, close to Schools, Highways, Residential, Office, Retail, etc. Lots of parking. Join this boutique Burger Franchise with locations across Canada/US. >>> Must be Sold as the existing Franchise brand.
Sold data
Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 $799,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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