Business For Sale · Specialty

4293 KING Street E Unit# 2, Kitchener

4293 KING Street E Unit# 2, Kitchener, ON N2P2E9

$199,000 total

—

Asset Class

Specialty

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

93%

About this property

GINO'S PIZZA Business in Kitchener, ON is For Sale. Located at 4293 King St E in a busy, high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, hotels, offices, retail stores, restaurants, and major amenities, with convenient access to Highway 401. Excellent pizza business in a prime location with strong potential to grow sales even further. Great opportunity for an owner-operator or investor. Monthly Sales: $34000-$38000/m, Rent: 5720.56 including TMI + HST, Royalty: $400/weekly, Advertising: $250/weekly, Lease Term: Existing Till 2032+5 Years Option to Renew. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$919

Projected NOI

$13K

Annual cash flow

$2K

Cash-on-cash

2.78%

DSCR

1.15

Going-in cap

6.38%

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

40,840

Households

15,172

Median income

$76,500

Median age

39.6

Daytime population

64,004

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 4293 KING Street E Unit# 2, Kitchener.

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.