Business For Sale · Retail

550 SHEPPARD AVENUE W, Toronto (Bathurst Manor)

550 SHEPPARD AVENUE W, Toronto (Bathurst Manor), ON M3H2R9

$260,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

93%

About this property

Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business and is now planning to retire, creating a great chance for a new operator to take over and grow the business. Low rent of only $3,000/month + hst. A new 3+5 year lease is available for the buyer, providing long-term security and stability.There is significant room for growth.Generous backroom storage and additional basement space make it easy to carry deeper inventory or introduce new product lines without disrupting the sales floor. Whether you're an experienced operator adding to your portfolio or a first-time buyer ready to be your own boss, everything is already in place the location, the customers, the systems, and the lease. Sale of business only; property not included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$260K
Down payment30% · $78K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$3K

Cash-on-cash

3.87%

DSCR

1.21

Going-in cap

6.70%

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

68,002

Households

30,491

Median income

$79,500

Median age

43.3

Daytime population

89,087

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 550 SHEPPARD AVENUE W, Toronto (Bathurst Manor).

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.