Business For Sale · Specialty

1063 - 8321 KENNEDY ROAD, Markham (Village Green-South Unionville)

1063 - 8321 KENNEDY ROAD, Markham (Village Green-South Unionville), ON L3R5T5

$138,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

93%

About this property

Profitable and well-established ear cleaning and wellness business! Successfully operated by the current owner for 3 years with a stable customer base and strong profitability. Approx. 683 sq. ft. with affordable monthly rent of only $3,100 including TMI and HST. Opportunity to negotiate a new lease with the landlord. Simple business operation with low overhead costs. Staff work on a commission-sharing basis, helping keep labour costs manageable. Great opportunity for an owner-operator or investor looking for an established and profitable business. Don't miss out! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$138K
Down payment30% · $41K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$637

Projected NOI

$10K

Annual cash flow

$2K

Cash-on-cash

5.98%

DSCR

1.32

Going-in cap

7.34%

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

46,607

Households

19,409

Median income

$80,500

Median age

43.5

Daytime population

56,567

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 1063 - 8321 KENNEDY ROAD, Markham (Village Green-South Unionville).

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.