Business For Sale · Retail

1375 JOHNSTON ROAD, Surrey

1375 JOHNSTON ROAD, Surrey, BC V4B3Z3

$119,900 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

87%

About this property

An exciting opportunity to acquire Ashberry Logan, an established floral business serving White Rock and the surrounding communities. Combining creativity, personalized service, and the timeless appeal of fresh flowers, Ashberry Logan has built a presence in a business that celebrates life's meaningful moments. Offering an extensive selection of professionally designed floral arrangements, custom bouquets, plants, gift baskets, and specialty gifts, Ashberry Logan caters to a diverse customer base and a wide range of occasions, Including anniversaries, birthdays, celebrations, holidays, and, corporate gifting. Whether you have an experienced operator looking to expand your portfolio or an entrepreneur ready to take the next step into business ownership, Ashberry & Logan offers an opportunity to build on an established foundation and make it your own. Own a business that brings beauty, connection, and a little happiness to people' s everyday. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$120K
Down payment30% · $36K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$554

Projected NOI

$6K

Annual cash flow

$-1K

Cash-on-cash

-2.87%

DSCR

0.84

Going-in cap

4.68%

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

132,134

Households

45,708

Median income

$122,000

Median age

34

Daytime population

151,753

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 1375 JOHNSTON ROAD, Surrey.

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.