General Urban Kitchener Updates and Rumours

[tomh009]

Does anyone have any idea how often these listings are made? Do they indicate an active attempt to sell? Or just a passive listing indicating they might consider an offer?

That seems like a lot of businesses to be for sale, including some of my favourite places in downtown Kitchener. I'd be quite disappointed if a new owner more focused on short term profit than quality was to take over Kinkaku. But maybe I'm overreacting and these listings are standard. The description for Kinkaku doesn't even seem that accurate, "Easy To Find As They Have A Large Mermaid On Their Sign" isn't how I'd describe Kinkaku.

Businesses are sold all the time, so it's not necessarily anything to worry about.  If the buyer is paying for the business (rather than just a building), he or she will be looking to make money with it by growing or at least maintaining the level of business.  Of course things can change (for better or for worse) as the buyer decides on a future direction for the business.

So I can at least entertain a faint hope that Kinkaku's new owner might offer the real izakaya model again, without mandatory AYCE.