Business For Sale · Retail

456 CLS St, Comox

456 CLS St, Comox, BC V0V0V0

$110,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

85%

About this property

Do you dream of working in a creative environment? Dream of being your own boss? This is a profitable business and was established over 30 years ago. You will be working with textiles and servicing machines (if you want to continue the dealership). The sale of this business is not attached to a location, so you'll need your own space. It does include all social media, branding, signage, tools, retail shelving, all display stands, etc and proven solid income, year after year. Book an appointment to see the possibilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$110K
Down payment30% · $33K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$508

Projected NOI

$5K

Annual cash flow

$-610

Cash-on-cash

-1.85%

DSCR

0.90

Going-in cap

4.99%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

129,103

Households

51,893

Median income

$134,500

Median age

38

Daytime population

143,382

5-yr growth

1.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 456 CLS St, Comox.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.