Business For Sale · Retail

104 LAKESHORE ROAD E, Mississauga (Port Credit)

104 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1E3

$100,000 total

2,840 SF

Asset Class

Retail

Size

2,840 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$35

Occupancy

92%

Lot Size

2840 ac

About this property

Restaurant opportunity in the heart of Port Credit with two paths for the next operator. Continue as The WORKS franchise, subject to franchisor approval, or convert the space to your own restaurant concept, subject to landlord approval. Located at 104 Lakeshore Road East, this approximately 2,000 sq. ft. restaurant offers prominent Lakeshore frontage, a street-facing patio and a full commercial kitchen exhaust system in place. The premises are currently licensed for 90 guests indoors and 20 on the front patio. This is an excellent opportunity to bring an established brand or proven concept to one of Mississauga's most recognizable dining districts. Preference will be given to established restaurant brands and experienced operators. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$100K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$462

Projected NOI

$5K

Annual cash flow

$-43

Cash-on-cash

-0.14%

DSCR

0.99

Going-in cap

5.50%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,819 SF2031-05
Lakeview Physiotherapy557 SF2031-05
Halcyon Wealth Partners400 SF2031-05
Halcyon Wealth Partners400 SF2031-05

Area demographics

Trade area within 3 miles of the property.

Population

89,883

Households

37,755

Median income

$135,000

Median age

39.3

Daytime population

126,352

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 104 LAKESHORE ROAD E, Mississauga (Port Credit).

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.