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Business For Sale · Specialty

567 PELISSIER STREET, Windsor

567 PELISSIER STREET, Windsor, ON N9A4L2

$210,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

95%

About this property

Situated in an excellent location within Downtown Windsor. Don't miss out on this opportunity to own a turn key established restaurant Currently operating as Vietnamese Restaurant for both Dine in / Take out. Spacious dinning area with seats up to 90 Patrons. Recently renovated. Price includes all chattels and equipment and inventory. Rent is $4,500/month plus utilities and insurance. Lease can be renewed with landlord. Call listing Salesperson for more details or showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$210K
Down payment30% · $63K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$970

Projected NOI

$16K

Annual cash flow

$5K

Cash-on-cash

7.44%

DSCR

1.40

Going-in cap

7.77%

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

55,776

Households

20,945

Median income

$101,000

Median age

31.4

Daytime population

89,080

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 567 PELISSIER STREET, Windsor.

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.