$55,000
45 Cork Street E 1B, Guelph, ON N1H 2Z3
Downtown
Listing courtesy of Keller Williams Home Group Realty
Downtown · N1H 2Z7
$54,900
4 months on market
This Family Shawarma (Tangy Tasty) restaurant, the first of its kind in Downtown Guelph, uniquely blends spices and marinading techniques to create wholesome meals and foster strong relationships. The current owners are willing to train and transition the business to a new buyer. However, with Downtown Guelph's current gentrification and ethnic diversification, there's a palpable demand for a "Trinidadian Doubles and Roti restaurant." Local Caribbean food lovers yearn for it, and there's also a huge demand for an affordable Chinese food restaurant offering three-item meals under $15. The restaurant boasts a 10-foot wide range hood venting system, ample space for roti and doubles/paratha preparation, a steamer table, and multiple freezers. All the equipment and recipes are included, so you could be up and running quickly. The rent is affordable. This beloved savoury food destination has been serving the community for nearly 16 years, with a strong, loyal clientele known for its authentic recipes, fresh ingredients, and unmatched taste. Ideally located near nightlife hotspots, office towers, student pubs, the main transit hub, the River Run Centre, and the upcoming Conestoga College downtown campus, this restaurant offers unbeatable exposure and constant foot traffic. It's a perfect turnkey investment.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 15% of comparable business for sale listings in Guelph are asking less.
Based on 26 comparable active business for sale listings in Guelph. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $54,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Coldwell Banker Neumann Real Estate. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$55,000
Downtown
Listing courtesy of Keller Williams Home Group Realty
$49,000
Downtown
Listing courtesy of EXP REALTY