Business For Sale · Retail

27 BECKWITH STREET N, Smiths Falls

27 BECKWITH STREET N, Smiths Falls, ON K7A2B2

$275,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

96%

About this property

An immaculate and functional turn key restaurant with a high profile corner location in downtown Smiths Falls. As well as the indoor seating area there is a comfortable patio with great visibility and comfortable seating. Bring your dream to life with this well established, well appointed and functional restaurant operation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$275K
Down payment30% · $83K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-310

Cash-on-cash

-0.38%

DSCR

0.98

Going-in cap

5.43%

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

110,953

Households

52,437

Median income

$92,000

Median age

45.7

Daytime population

160,844

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 27 BECKWITH STREET N, Smiths Falls.

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.