Business For Sale · Retail

A2 - 3000 HIGHWAY 7, Markham (Buttonville)

A2 - 3000 HIGHWAY 7, Markham (Buttonville), ON L3R6E1

$299,000 total

1,388.76 SF

Asset Class

Retail

Size

1,388.76 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$215

Occupancy

98%

About this property

Prime Location! Well-established restaurant situated in a highly visible plaza at the busy intersection of Highway 7 & Woodbine Avenue. Excellent accessibility from both major roads, ample on-site parking, and conveniently located next to LA Fitness. Fully equipped commercial kitchen featuring long exhaust hood and walk-in cooler. LLBO licensed for 64 seats, including 48 indoor seats and 16 outdoor patio seats. Established business with a loyal clientele and consistent profitability. Turnkey operation with everything in place to continue or introduce your own restaurant concept. Suitable for a variety of restaurant cuisines and concepts. An excellent opportunity to own a restaurant in a prime location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$299K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$20K

Annual cash flow

$4K

Cash-on-cash

3.98%

DSCR

1.22

Going-in cap

6.73%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics479 SF2030-07
Prairie Coffee Roasters400 SF2030-07
Vector Robotics578 SF2030-07

Area demographics

Trade area within 3 miles of the property.

Population

111,979

Households

48,521

Median income

$67,000

Median age

39.7

Daytime population

171,526

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for A2 - 3000 HIGHWAY 7, Markham (Buttonville).

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.