Business For Sale · Specialty

3421 KINGSWAY AVENUE, Vancouver

3421 KINGSWAY AVENUE, Vancouver, BC V5R5L3

$399,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

89%

About this property

Excellent opportunity to acquire NASS VAPE., an established and well recognized retail business in Vancouver. Operating in two highly visible locations along Kingsway and West Broadway. The business offers a wide selection of vape products, accessories, devices and related merchandise, supported by an established customer base and strong online presence. This is a turnkey opportunity for an owner operator or experienced entrepreneur looking to acquire an established operation with existing branding, website and business infrastructure. Please do not approach staff directly. Contact Mony Sodhi for further information and financial details. NDA required. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$4K

Cash-on-cash

3.69%

DSCR

1.20

Going-in cap

6.65%

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

81,419

Households

29,571

Median income

$66,000

Median age

40.2

Daytime population

100,460

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 3421 KINGSWAY AVENUE, Vancouver.

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.