Business For Sale · Retail

1070 REST ACRES ROAD, Brant (Paris)

1070 REST ACRES ROAD, Brant (Paris), ON N3L0K6

$299,999 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

88%

About this property

Turnkey franchise restaurant in a shopping mall in the growing Paris community, near a major highway, a local airport and Brantford. LLBO licensed for 129 people. Rent is approximately $9,300 per month, including TMI and HST. Approximately 7 years remain on the lease, plus extension options. Seller will provide training. Rebranding may be possible, subject to landlord approval. Motivated seller; reasonable offers welcome. Please attach Schedule B to all offers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-931

Cash-on-cash

-1.03%

DSCR

0.94

Going-in cap

5.23%

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

98,779

Households

38,212

Median income

$126,500

Median age

34.8

Daytime population

160,381

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 1070 REST ACRES ROAD, Brant (Paris).

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.