Business For Sale · Retail

373 CHURCH STREET, Toronto (Church-Yonge Corridor)

373 CHURCH STREET, Toronto (Church-Yonge Corridor), ON M5B1Z9

$550,000 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

97%

About this property

Thriving Lazeez Shawarma franchise in a prime Toronto location surrounded by high-rise condominiums, five student residences, several hotels, and just steps from Toronto Metropolitan University. This successful, turnkey business features a fully equipped commercial kitchen, quality chattels and equipment, strong brand recognition, and multiple revenue streams through dine-in, takeout, and delivery. High pedestrian traffic, a loyal customer base, and outstanding exposure make this an excellent opportunity for an owner operator or investor seeking a profitable, established business with continued growth potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$34K

Annual cash flow

$4K

Cash-on-cash

2.30%

DSCR

1.12

Going-in cap

6.23%

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

126,935

Households

47,346

Median income

$136,000

Median age

34.6

Daytime population

169,995

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 373 CHURCH STREET, Toronto (Church-Yonge Corridor).

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.