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Business For Sale · Hospitality

58 TALBOT STREET North, Essex

58 TALBOT STREET North, Essex, ON N8M1A2

$69,000 total

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Asset Class

Hospitality

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

83%

About this property

Welcome to Tailgaters Sports Bar a well-established, turn-key neighbourhood hotspot offering a rare opportunity to own your local business. Known for its loyal customer base, great atmosphere, and strong community presence, this fully equipped sports bar is ready for its next owner to step in and continue its success. The space features a spacious dining area, full bar setup, multiple large TVs, and an outdoor patio making it the perfect destination for sports fans and casual diners alike. The commercial kitchen comes complete with all major appliances, prep stations, and equipment required to operate immediately. With high visibility, and steady traffic from both regulars and new visitors, Tailgaters offers excellent growth potential for anyone looking to expand hours, menu options, or host events, leagues, and private parties. Call today for your personal showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$69K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$319

Projected NOI

$3K

Annual cash flow

$-615

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

133,934

Households

61,577

Median income

$132,000

Median age

37

Daytime population

149,073

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 58 TALBOT STREET North, Essex.

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.