Business For Sale · Hospitality

1205 Trans Canada Highway, Golden

1205 Trans Canada Highway, Golden, BC V0A1H1

$274,900 total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

This is a rare opportunity to acquire a spacious and fully equipped Indian restaurant located in a high-demand area. Spanning 6,000 sq. ft., the business features recent upgrades valued at $25,000, including new tandoors, gas ranges, refrigeration units, and a walk-in cooler and freezer. With a favorable lease in place until 2027 and operating costs included in rent, the restaurant is well-positioned for continued success. Ideal for experienced restaurateurs or investors seeking a turnkey operation with significant growth potential. (id:66811)

Financial sandbox

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Estimate
Purchase price$275K
Down payment30% · $82K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$2K

Cash-on-cash

2.97%

DSCR

1.16

Going-in cap

6.43%

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

55,984

Households

19,374

Median income

$67,000

Median age

40.8

Daytime population

59,873

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 1205 Trans Canada Highway, Golden.

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.