Business For Sale · Retail

5694 HIGHWAY 7 HIGHWAY, Markham (Bullock)

5694 HIGHWAY 7 HIGHWAY, Markham (Bullock), ON L3P1B4

$235,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

91%

About this property

Great opportunity to own Wing Spot in a prime Markham location at 5694 Hwy 7, Unit 5. This turnkey restaurant features a fully equipped commercial kitchen with a commercial hood system, walk-in fridge, walk-in cooler, and essential restaurant equipment. The business currently provides school catering services, offering an additional revenue stream and growth potential. Located in a high-traffic area with excellent exposure and strong surrounding businesses such as Service Ontario. Ideal for an owner-operator or investor looking to continue the existing concept . Great potential to expand through dine-in, takeout, delivery, catering, and other opportunities. Water tank is rental. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$235K
Down payment30% · $71K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$514

Cash-on-cash

0.73%

DSCR

1.04

Going-in cap

5.76%

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

124,376

Households

55,223

Median income

$67,500

Median age

37.6

Daytime population

141,717

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 5694 HIGHWAY 7 HIGHWAY, Markham (Bullock).

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.