Business For Sale · Specialty

800 FRANKLIN Unit# A3, Cambridge

800 FRANKLIN Unit# A3, Cambridge, ON N1R7Z1

$105,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

84%

About this property

EXCEPTIONAL TURNKEY RESTAURANT & FRANCHISE OPPORTUNITY! Own more than just a restaurant — acquire an established brand with full brand ownership and franchisor rights, offering exciting opportunities for future expansion! This well-operated restaurant features a streamlined business model with minimal staffing requirements, ideal for entrepreneurs, owner-operators and investors. The brand has already expanded with a recently opened location in Kitchener, creating a foundation for further growth. ATTRACTIVE LEASE TERMS: Monthly rent of just $4200 (INCLUDED TMI AND WATER), with a 2+5 year lease renewal option! Strategically located on busy Franklin Boulevard in Cambridge, within an established commercial plaza surrounded by residential neighbourhoods, businesses and essential amenities. Excellent accessibility, ample parking and convenient access to Highway 401. A RARE OPPORTUNITY TO OWN AN OPERATING RESTAURANT, BUILD YOUR BRAND AND EXPAND YOUR BUSINESS EMPIRE!. RATING - 4.8 OVERALL. (id:66811)

Financial sandbox

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Estimate
Purchase price$105K
Down payment30% · $32K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$485

Projected NOI

$5K

Annual cash flow

$-618

Cash-on-cash

-1.96%

DSCR

0.89

Going-in cap

4.95%

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

84,545

Households

30,127

Median income

$91,000

Median age

43.6

Daytime population

80,536

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 800 FRANKLIN Unit# A3, Cambridge.

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.