Business For Sale · Specialty

111, ABC Street Drive, Calgary

111, ABC Street Drive, Calgary, AB T2A6A6

$115,000 total

472 SF

Asset Class

Specialty

Size

472 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$244

Occupancy

95%

Year Built

2019

About this property

Great opportunity to operate an established shawarma and Mediterranean food kiosk in a desirable food court location. This asset sale is a turnkey operation that offers a ready-to-go setup with an existing kitchen, equipment, established menu, and customer base. This kiosk operation is ideal for an owner-operator, family business, or entrepreneur looking to enter the food-service industry. The current setup provides an excellent opportunity to continue the existing operation while also introducing new menu items, expanding catering, increasing delivery and takeout sales, or growing the business through additional marketing. Rent include utilities and operation cost. close to Makami College as well as numerous businesses, medical centres, commercial establishments, and the busiest Walmart in the area. There's a major bus hub serving different areas/cities located in the mall parking lot. (4.7 Google review). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$115K
Down payment30% · $35K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$531

Projected NOI

$9K

Annual cash flow

$3K

Cash-on-cash

7.41%

DSCR

1.40

Going-in cap

7.77%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners400 SF2034-04
Halcyon Wealth Partners400 SF2034-04
Halcyon Wealth Partners400 SF2034-04

Area demographics

Trade area within 3 miles of the property.

Population

132,525

Households

47,633

Median income

$88,000

Median age

45

Daytime population

172,889

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 111, ABC Street Drive, Calgary.

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.