$275,000
308 - 15 Murray Street
Lower Town/Byward Market, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 24
$199,900
Lower Town/Byward Market, Ottawa, ON K1N9P1 · MLS® X14135930
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:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Coldwell Banker First Ottawa Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.