Business For Sale · Retail

7 - 433 SIMCOE STREET S, Oshawa (Central)

7 - 433 SIMCOE STREET S, Oshawa (Central), ON L1H4J5

$299,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

91%

About this property

Excellent opportunity to own and operate a specialty grocery business in Oshawa! This inviting and well-equipped supermarket offers a great selection of specialty food products along with a snack counter, all in a convenient approximately 1,200 sq. ft. leased location. The business is owner/family operated and presents an exciting opportunity for an owner-operator or entrepreneur looking to establish or expand in the specialty grocery market. Inventory of approximately $40,000-$45,000 is included, along with existing equipment and fixtures. The Seller is also offering up to 60 days of training and transition support to help make the change of ownership smooth and comfortable. A great opportunity to take over an operating business and build on its existing foundation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$299K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-383

Cash-on-cash

-0.43%

DSCR

0.98

Going-in cap

5.41%

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

146,696

Households

56,216

Median income

$119,000

Median age

34.1

Daytime population

185,474

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 7 - 433 SIMCOE STREET S, Oshawa (Central).

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.