325 SIMPSON STREET, Thunder Bay (East End)325 SIMPSON STREET, Thunder Bay (East End) — photo 2325 SIMPSON STREET, Thunder Bay (East End) — photo 3325 SIMPSON STREET, Thunder Bay (East End) — photo 4325 SIMPSON STREET, Thunder Bay (East End) — photo 5325 SIMPSON STREET, Thunder Bay (East End) — photo 6325 SIMPSON STREET, Thunder Bay (East End) — photo 7325 SIMPSON STREET, Thunder Bay (East End) — photo 8325 SIMPSON STREET, Thunder Bay (East End) — photo 9325 SIMPSON STREET, Thunder Bay (East End) — photo 10325 SIMPSON STREET, Thunder Bay (East End) — photo 11325 SIMPSON STREET, Thunder Bay (East End) — photo 12325 SIMPSON STREET, Thunder Bay (East End) — photo 13325 SIMPSON STREET, Thunder Bay (East End) — photo 14325 SIMPSON STREET, Thunder Bay (East End) — photo 15325 SIMPSON STREET, Thunder Bay (East End) — photo 16
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Business For Sale · Specialty

325 SIMPSON STREET, Thunder Bay (East End)

325 SIMPSON STREET, Thunder Bay (East End), ON P7C3H9

$99,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

86%

About this property

This is an exceptional turnkey business opportunity for an established operator or an entrepreneur looking to enter a stable market. Successfully operating for over two decades, this business has built a premier reputation in Thunder Bay for high-quality craftsmanship and superior customer service. The current owner is looking to retire, offering a seamless transition for the next proprietor. The seller currently leases the facility, and the landlord is open to extending the lease terms for a new owner. Comprehensive financial records are available for review by qualified prospective buyers upon request. Serious Buyers only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$99K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$457

Projected NOI

$5K

Annual cash flow

$-180

Cash-on-cash

-0.61%

DSCR

0.97

Going-in cap

5.36%

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

65,141

Households

23,475

Median income

$96,500

Median age

32.1

Daytime population

64,435

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 325 SIMPSON STREET, Thunder Bay (East End).

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.