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$615,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
94%
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! (id:66811)
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Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$7K
Cash-on-cash
3.79%
DSCR
1.21
Going-in cap
6.68%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
134,104
Households
53,626
Median income
$84,500
Median age
44.3
Daytime population
168,434
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 30B - 1601 RIVER ROAD E, Kitchener.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.