Business For Sale · Specialty

C1 - 3047 APPLEBY LINE, Burlington (Alton)

C1 - 3047 APPLEBY LINE, Burlington (Alton), ON L7M0V7

$99,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

About this property

AMAZING OPPORTUNITY TO OWN A WELL-ESTABLISHED MARBLE SLAB CREAMERY IN A VERY HIGH-TRAFFIC BURLINGTON PLAZA AT DUNDAS STREET AND APPLEBY LINE. MARBLE SLAB CREAMERY IS ONE OF THE PREMIUM DESSERT FRANCHISES, EASY TO OPERATE BUSINESS, VERY HOT LOCATION WITH AAA PLAZA SURROUNDED BY RESIDENTIAL NEIGHBOURHOODS, SCHOOLS, AND MAJOR RETAILERS, PROVIDING CONSISTENT FOOT TRAFFIC AND LOYAL REPEAT CUSTOMERS. CORNER UNIT FOR MORE EXPOSURE. THE STORE IS FULLY BUILT OUT WITH MODERN DECOR, WELL-MAINTAINED EQUIPMENT, AND A WELCOMING LAYOUT, OFFERING BOTH DINE-IN AND TAKEOUT SERVICE. AMPLE PLAZA PARKING MAKES IT CONVENIENT FOR FAMILIES AND GROUPS TO VISIT, WHILE ADDITIONAL REVENUE STREAMS ARE AVAILABLE THROUGH CATERING, CUSTOM CAKES, AND DELIVERY PARTNERSHIPS. A TURNKEY OPPORTUNITY WITH A TRUSTED BRAND IN ONE OF BURLINGTONS MOST VIBRANT COMMUNITIES IDEAL FOR AN OWNER-OPERATOR OR A FAMILY-RUN BUSINESS. VERY REASONABLE FRANCHISEE FEE AND LOW RENT WITH LONG TERM LEASE. VERY HOT LOCATION CLOSE TO HWY'S, SCHOOLS, TRANSIT, BUSY TRAFFIC INTERSECTION ETC. (id:66811)

Financial sandbox

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Estimate
Purchase price$100K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$461

Projected NOI

$6K

Annual cash flow

$554

Cash-on-cash

1.85%

DSCR

1.10

Going-in cap

6.10%

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

91,796

Households

41,196

Median income

$104,000

Median age

31.9

Daytime population

149,331

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for C1 - 3047 APPLEBY LINE, Burlington (Alton).

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.