Business For Sale · Retail

Unknown

Unknown, ON

$139,900 total

1,143 SF

Asset Class

Retail

Size

1,143 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$122

Occupancy

99%

Year Built

1985

About this property

An excellent opportunity to own a Fried Chicken restaurant in the heart of the downtown core! Offering approximately 1,143 sq. ft. of space, this restaurant is ideally situated in a vibrant downtown location with potential to attract office workers, residents, and visitors. The space features a fully equipped commercial kitchen, providing a great foundation for a variety of food service operations. Whether you wish to continue with the existing fried chicken concept or introduce a new restaurant concept, this space offers flexibility to suit your business vision. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$140K
Down payment30% · $42K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$646

Projected NOI

$9K

Annual cash flow

$2K

Cash-on-cash

3.74%

DSCR

1.20

Going-in cap

6.66%

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
Northbridge Logistics1,127 SF2030-05

Area demographics

Trade area within 3 miles of the property.

Population

125,129

Households

55,851

Median income

$95,000

Median age

43.8

Daytime population

199,785

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for Unknown.

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.