Business For Sale · Specialty

1240 COMMISSIONERS ROAD W, London South (South B)

1240 COMMISSIONERS ROAD W, London South (South B), ON N6K1C7

$145,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

99%

About this property

Prime location in Byron Village, situated next to the LCBO and grocery store in a busy retail plaza. This well established business offers a loyal customer base, strong sales volume, and excellent potential for future growth.This turn key opportunity features strong brand recognition, high end finishes, and all equipment required for continued success. Save the time and cost of building from scratch and step into a fully operational business with proven performance and franchise support. Open 7 days a week with steady customer traffic and ample parking available.Buyer is subject to franchise approval and must obtain all applicable operating licenses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$145K
Down payment30% · $44K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$670

Projected NOI

$10K

Annual cash flow

$2K

Cash-on-cash

4.08%

DSCR

1.22

Going-in cap

6.77%

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

96,621

Households

38,154

Median income

$119,000

Median age

34.9

Daytime population

91,488

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 1240 COMMISSIONERS ROAD W, London South (South B).

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.