Business For Sale · Specialty

2 - 55 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)

2 - 55 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park), ON L4B1K4

$180,000 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

88%

Lot Size

2000 ac

About this property

Excellent Opportunity To Acquire An Established Renovation And Home Improvement Showroom Business In The Highly Desirable Beaver Creek Business Park In Richmond Hill. Strategically Located Near Leslie Street, Highway 7 And Highway 404, Offering Excellent Accessibility And Exposure. Featuring Approximately 2,000 Sq. Ft. Of Professionally Designed And Fully Renovated Showroom Space, Ideal For Showcasing Flooring, Kitchen, Bathroom And Interior Renovation Products And Services. The Business Benefits From Established Long-Term Supplier Relationships, Providing A Strong Foundation For Continued Operations And Future Growth. Functional Showroom Layout With Attractive Product Display Areas And A Professional Setting For Client Consultations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$180K
Down payment30% · $54K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$831

Projected NOI

$11K

Annual cash flow

$861

Cash-on-cash

1.59%

DSCR

1.09

Going-in cap

6.02%

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

59,233

Households

20,436

Median income

$69,500

Median age

40.5

Daytime population

74,086

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 2 - 55 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park).

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.