Business For Sale · Retail

11738 CONFIDENTIAL STREET, Vancouver

11738 CONFIDENTIAL STREET, Vancouver, BC V0V0V0

$249,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

96%

About this property

Established Korean fried chicken restaurant in Vancouver offered at $249,000. Approximately 957 sq. ft. per lease. Business assets only; no real estate. Lease assignment and franchise transfer subject to approvals. Details available with signed NDA. Showings by appointment only. Confidential sale'please do not approach staff or owner. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$1K

Cash-on-cash

1.62%

DSCR

1.09

Going-in cap

6.03%

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

85,244

Households

39,217

Median income

$131,500

Median age

33.7

Daytime population

109,788

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 11738 CONFIDENTIAL STREET, Vancouver.

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.