For Sale Business

175 Rideau Street

$199,900 Est. $885/mo ↓

Ottawa, Ontario K1N 9P1

1 day ago Listed
Fully Air Conditioned Other

About this home

BOUSTAN SHAWARMA FRANCHISE FOR SALE IN DOWNTOWN OTTAWA! Take over an operating restaurant at 175 Rideau Street, close to CF Rideau Centre, the ByWard Market, the University of Ottawa and Rideau O-Train Station. This central location places the business within reach of students, downtown residents, office workers, shoppers and tourists. Surrounded by hotels, residential buildings, retail, dining and entertainment, the restaurant is positioned to serve a varied customer base-from a quick lunch between classes or meetings to dinner and takeout after shopping or an evening downtown. Nearby public transit adds convenience for customers and employees. Known for its Lebanese cuisine and shawarma, Boustan brings a recognized franchise identity to this existing restaurant operation. Training will be provided to help the incoming owner learn the business and transition into ownership. An opportunity for a hands-on owner-operator, an entrepreneur entering the restaurant industry or an experienced restaurateur looking to expand into a central Ottawa location. (id:28469)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Facts & features

Property

MLS® Number
X14135930
Property Type
Business
Neighbourhood
Byward Market
Community Name
4001 - Lower Town/Byward Market
Equipment Type
Washer(s)
Rental Equipment Type
Washer(s)

Building

Cooling Type
Fully Air Conditioned
Heating Type
Other
Utility Water
Municipal Water

Land

Acreage
No
Zoning Description
Commercial

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$885/mo
Ontario land transfer tax
$1,724 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $1,724 back on land transfer tax.

The Lower Town/Byward Market market

84 Active listings
$505,450 Median asking price
60% below median This home
37 days Avg. time on market
Browse all Lower Town/Byward Market listings →

Location

175 Rideau Street, Ottawa, Ontario K1N 9P1  ·  Get directions

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