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$229,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
83%
EXCEPTIONAL TURNKEY BUSINESS OPPORTUNITY – KENZO RAMEN FRANCHISE! Established and successfully operated for approximately 10 years, now available due to the owner's retirement. Located in the heart of Downtown Hamilton, surrounded by office towers, shopping, entertainment, and public transportation. Features approximately 35 seats, dine-in and take-out services, and a liquor licence for 33 patrons. Currently operating 6 days a week and closed Sundays and statutory holidays, with significant potential to increase sales through extended hours, catering, and additional marketing. Easy to operate and ideal for owner-operators, families, or investors. A fantastic opportunity to take over an established business with tremendous growth potential! PLEASE DO NOT GO DIRECT OR APPROACH THE OWNER OR EMPLOYEES. All inquiries and site visits must be arranged through the listing agent. Strict confidentiality is appreciated. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$14K
Annual cash flow
$1K
Cash-on-cash
1.88%
DSCR
1.10
Going-in cap
6.11%
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
137,333
Households
55,023
Median income
$69,500
Median age
43.2
Daytime population
228,684
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 21 KING Street E, Hamilton.
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.