Business For Sale · Retail

5104 HIGHWAY 138 HIGHWAY, South Stormont

5104 HIGHWAY 138 HIGHWAY, South Stormont, ON K0C2A0

$300,000 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

97%

About this property

**BUSINESS ONLY** A fantastic opportunity to own an established restaurant business in South Stormont, Ontario. Mo's Diner is now available for purchase, offering an incoming owner the opportunity to take over an established local food-service business without the need to purchase the real estate. Mo's Diner has become a familiar gathering place in the community, serving customers with a welcoming atmosphere, classic diner fare, coffee, conversation, and plenty of local charm. This is an opportunity to step into an existing restaurant operation and build on the foundation already in place. The sale is for the business and its assets only. The restaurant premises are available to lease, providing a more accessible entry point for an entrepreneur, chef, owner-operator, or investor looking to enter the restaurant industry without the significant capital investment of purchasing commercial real estate. The existing restaurant setup, commercial kitchen, equipment, furnishings, and established presence provide an excellent starting point for a new owner. Continue the Mo's Diner concept or bring your own vision, menu, branding, and ideas to the space. Whether you're looking for your first restaurant, expanding an existing food-service business, or searching for an established diner opportunity in the South Stormont/Cornwall area, Mo's Diner offers the opportunity to take over a business with an existing customer base and community presence. Business and assets for sale. Real estate is not included in this listing. Premises available for lease. The next chapter of Mo's Diner is ready to be written. Bring your vision and make it your own. (Business can be purchased with Real Estate - please see MLS #X13817696 for property listing) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$21K

Annual cash flow

$4K

Cash-on-cash

4.42%

DSCR

1.24

Going-in cap

6.87%

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

91,105

Households

38,337

Median income

$90,000

Median age

42

Daytime population

127,180

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 5104 HIGHWAY 138 HIGHWAY, South Stormont.

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.