Business For Sale · Retail

1761 CONFIDENTIAL STREET, Surrey

1761 CONFIDENTIAL STREET, Surrey, BC V0Y0X0

$250,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

85%

About this property

Excellent opportunity to acquire a well-established Indian restaurant in a prime South Surrey location. Operating successfully for approximately 5 years, this restaurant is situated in a busy commercial plaza with excellent exposure and ample customer parking. The area has limited direct competition, providing a strong opportunity for continued growth. The restaurant features a fully equipped commercial kitchen and an established setup, making it ideal for an owner-operator or experienced restaurateur looking to expand into the growing South Surrey market. Surrounded by residential communities and ongoing development, the location offers excellent long-term potential. (id:66811)

Financial sandbox

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Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-2K

Cash-on-cash

-2.95%

DSCR

0.84

Going-in cap

4.66%

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

63,535

Households

22,361

Median income

$116,500

Median age

32.2

Daytime population

107,086

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 1761 CONFIDENTIAL STREET, 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.