$450,000
For sale: Other

Lonzo’s Kitchen is a well established take out restaurant offering high quality Mediterranean fast food, operating in Sarnia since 2021 with strong local recognition. The business is part of an Ontario brand known for fresh ingredients, generous portions, and consistent customer satisfaction. Located at 1254 London Road, one of Sarnia’s busiest commercial corridors, the restaurant benefits from excellent visibility, steady traffic, ample parking, and proximity to major businesses. The area is surrounded by dense residential neighborhoods, Lambton College, and complementary businesses such as TD Bank, Staples, Home Hardware & Tim Hortons (to name a few), helping create a steady flow of activity in the area throughout the day. With a turnkey setup, repeat business and high quality cuisine, Lonzo’s Kitchen is ideal for an owner operator or investor seeking a high traffic, established location. Applicable taxes are in addition. It is highly recommended to seek legal and accounting advice prior to the purchase of any business.
Sold data
Homes in Sarnia took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 76 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $407,450.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Sarnia has 23 Fraser Institute–rated schools (19 elementary and 4 secondary), averaging 5.4/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$314,900
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