1/96 - 222 MAPLEVIEW DRIVE W, Barrie (400 West)
6 - 222 MAPLEVIEW DRIVE W, Barrie (400 West), ON L4M4S7
$119,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
83%
About this property
Excellent opportunity to own a turnkey bubble tea, shakes & snack business in Barrie! This well-established and fully equipped business operates from an approximately 1,200 sq. ft. modern and inviting space with dine-in seating, ample parking and a loyal customer base.Currently part-time owner operated and generating approximately $4,000+ in monthly profit, as per Seller. Attractive rent of approximately $4,000/month including IMI & HST. Significant potential for a hands-on owner to increase operating hours, expand delivery and catering, add new menu offerings and further grow sales. Ideal opportunity for an entrepreneur or investor looking for an established business with room to grow. Business operates from leased premises.Please do not approach staff or visit regarding the sale without a confirmed appointment. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$550
Projected NOI
$8K
Annual cash flow
$929
Cash-on-cash
2.60%
DSCR
1.14
Going-in cap
6.32%
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
53,729
Households
21,613
Median income
$84,000
Median age
44.6
Daytime population
45,946
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6 - 222 MAPLEVIEW DRIVE W, Barrie (400 West).
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.