Business For Sale · Retail

2A - 1 PROMENADE CIRCLE, Vaughan (Brownridge)

2A - 1 PROMENADE CIRCLE, Vaughan (Brownridge), ON L4J7W7

$350,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

About this property

Rare opportunity to own a newly established Italian pizza franchise in one of Vaughan's most sought-after retail addresses - Promenade Shopping Centre. Almost new location, .Reputed brand with full franchisor backing.High-traffic enclosed mall with 150+ tenants, anchored by T&T Supermarket, GoodLife Fitness & Imagine Cinemas. Adjacent York Region Transit hub ensures steady daily foot traffic from commuters, shoppers & a dense surrounding residential community.Backed by a trusted, established Italian pizza brand with a proven franchise system - training, supply chain, marketing & operations support all included. Authentic concept with strong consumer recognition in a multicultural, Busy Vaughan area.Gross rent $10,300/month incl. TMI.Buyer must be approved by franchisor. Change of cuisine/concept not permitted. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$746

Cash-on-cash

0.71%

DSCR

1.04

Going-in cap

5.75%

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

88,514

Households

34,325

Median income

$82,000

Median age

42.2

Daytime population

124,372

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 2A - 1 PROMENADE CIRCLE, Vaughan (Brownridge).

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.