Business For Sale · Retail

104 & 105 - 928 LAKE DRIVE E, Georgina (Sutton & Jackson's Point)

104 & 105 - 928 LAKE DRIVE E, Georgina (Sutton & Jackson's Point), ON L0E1L0

$69,800 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

97%

About this property

Amazing Turn-Key Business Opportunity In The Heart Of Jackson's Point! Here's Your Chance To Own A Busy, Well-Established, Year-Round Business In One Of Georgina's Most Popular Lakeside Communities! Just A Short Walk To Local Beaches, Marinas, Parks, And Cottages, This Thriving Spot Is A Favourite Among Both Loyal Locals And Summer Visitors Alike. Offering Authentic Italian Cuisine, Freshly Made Gelato, Kawartha Dairy Premium Ice Cream, And Bold Espresso Drinks, This Business Is Ready For You To Step In And Start Operating From Day One. Enjoy 1,300 Sq. Ft. Of Indoor Dining (Seating For 20) Plus A Large Enclosed Patio And Outdoor Seating Area - Perfect For Capturing The Steady Foot Traffic All Season Long. Includes All Owned Chattels And Equipment, Featuring A Custom-Built Wood-Burning Pizza Oven (Valued At Approx. $120,000) And Much More. Check Out The Full Inclusion List For All Equipment And Features Included In The Sale! Strong Community Following, Solid Year-Round Income, And Endless Potential To Grow - Opportunities Like This Don't Come Often! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$322

Projected NOI

$5K

Annual cash flow

$991

Cash-on-cash

4.73%

DSCR

1.26

Going-in cap

6.96%

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

52,387

Households

22,066

Median income

$88,500

Median age

42.1

Daytime population

62,693

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 104 & 105 - 928 LAKE DRIVE E, Georgina (Sutton & Jackson's Point).

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.