Business For Sale · Retail

63 QUEEN STREET S, Mississauga (Streetsville)

63 QUEEN STREET S, Mississauga (Streetsville), ON L5M3S9

$249,900 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

89%

About this property

Excellent opportunity to own a well-established restaurant in the heart of Downtown Streetsville! Currently operating as a Hakka cuisine restaurant, this approximately 1,730 sq. ft. space features a spacious dining area with seating capacity for approximately 60 guests, plus a 20-seat patio. Equipped with an 18-20 ft commercial kitchen exhaust/ventilation system, walk-in cooler, and a well-designed kitchen setup. LLBO licensed for approximately 60 indoor seats and 18 patio seats. Prime location with excellent exposure in the vibrant Streetsville community. Great opportunity for an owner-operator or experienced restaurateur. Can be converted to other cuisines, except Indian and Pakistani cuisine. Business only for sale. Please do not go direct or speak with employees. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-348

Cash-on-cash

-0.46%

DSCR

0.97

Going-in cap

5.40%

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

46,858

Households

18,184

Median income

$85,500

Median age

40.3

Daytime population

56,248

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 63 QUEEN STREET S, Mississauga (Streetsville).

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.