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$1 total
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
93%
Lot Size
6500 ac
TURNKEY RESTAURANT ASSET SALE - SMOKEY SAM'S BARBECUE | MISSISSAUGA. Exceptional opportunity to acquire the restaurant business and assets of SMOKEY SAM'S BARBECUE, prominently located along a major Mississauga transit corridor with excellent visibility and accessibility. Asset Sale Only - Land and Building Not Included. This impressive 6,500 sq. ft. restaurant features approximately 175 indoor seats plus a large outdoor patio with approximately 140 seats, offering significant capacity for dine-in, private events, catering and entertainment concepts. The restaurant features a large commercial kitchen and three commercial exhaust hoods measuring approximately 9 ft, 9 ft & 8 ft, along with 2 coolers and 2 freezers. Most restaurant equipment is included in the sale, providing an excellent opportunity for an operator to take over an established, fully equipped restaurant space. . LLBO license is expired but it can be renewed. Restaurant currently operating 7 days a week. Lease expires December 31, 2030. Landlord will give 5 Years additional term subject to landlord approval for new Buyer. Monthly gross rent including HST: approximately $22,000. Water and hydro included in TMI rent. Tenant pays gas only. Excellent opportunity for restaurant, banquet, entertainment or other permitted food-service concepts, subject to landlord approval and applicable regulations (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$0
Annual cash flow
$-0
Cash-on-cash
-18.47%
DSCR
0.00
Going-in cap
0.00%
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
86,101
Households
34,410
Median income
$94,000
Median age
45
Daytime population
130,469
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 101 - 10 KINGSBRIDGE GARDEN CIRCLE, Mississauga (Hurontario).
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.