304 Stone Road W, Guelph, ON N1G 3C4
$699,000
$699,000
MLS®#:
X12990422
Property Type:
Sale Of Business
Property Style:
Area:
Wellington
Community:
Kortright West
Taxes:
$0 / 2025
Added:
April 13 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
RE/MAX OPTIMUM REALTY
Intersection:
Stone Rd W/Edinburgh Rd S
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

Sale of business of a very successful Comfort Gourmet Franchise Restaurant. This tastefully done Franchise restaurant features 200 seats inside + 46 Patio Seats, large Kitchen, Abundance of Natural light, LLBO licensed. Successful Franchisor with over 20 locations. This location has been in business for over 15 years with long list of loyal clientele. Other Tenants in the plaza: Tim Hortons, Wendy's, Dominos, DQ and many more. Perfect business for groups/individuals looking at learning from this successful franchise and further improve revenues. Franchisor Royalties + Marketing Fees: 5% + 2% of revenue approx. Low Rental: Gross Rent (Net rent+TMI+HST) - $17,500.00 per month Approx, Lease ends April 2028 with Renewal options till April 2038.

Insights

  1. Established Franchise with Loyal Clientele: This property is a successful Comfort Gourmet Franchise Restaurant with over 15 years of operation, ensuring a steady stream of loyal customers and a proven business model.
  2. Prime Location in Busy Plaza: Situated in a plaza with popular tenants like Tim Hortons and Wendy's, the restaurant benefits from high foot traffic and visibility, enhancing potential customer reach.
  3. Low Operating Costs: With a gross rent of approximately $17,500 per month and no property taxes, the financial overhead is manageable, allowing for better profit margins and growth opportunities.

Neighborhood Overview

Complete neighborhood profile for 304 Stone Road W

Kortright West home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Kortright West
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)