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$899,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
89%
Turnkey Franchise Ramen Restaurant Business For Sale: Opportunity to acquire an established, turnkey ramen restaurant franchise business (Sale of business only; Real property is Not included) on a high-traffic commercial stretch of Upper James Street, Hamilton. Proudly Canadian, Authentically Japanese, As a Canadian brand, take pride in serving authentic Japanese ramen. Established franchise operation with brand recognition and existing customer base. Prime, high-visibility location on a busy commercial corridor with strong local foot traffic. Fully equipped commercial kitchen withall equipment and chattels included in sale. Established operating history with loyal repeat clientele and steady takeout/delivery business. Lease details available upon request/NDA. Financial statements will be provided to qualified buyers upon execution of a Non-Disclosure Agreement and confirmation of financial capability. Final sales conditional upon franchisor's approval (franchise transfer/assignment approval). (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$44K
Annual cash flow
$-6K
Cash-on-cash
-2.23%
DSCR
0.88
Going-in cap
4.87%
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.
Trade area within 3 miles of the property.
Population
129,336
Households
53,951
Median income
$93,000
Median age
32.8
Daytime population
139,541
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 02 - 1379 UPPER JAMES STREET, Hamilton (Ryckmans).
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.