Business For Sale · Retail

390 Moss St, Victoria

390 Moss St, Victoria, BC V8V4N1

$350,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

82%

Lot Size

0.12052341597796143 ac

About this property

35 years of history in Victoria’s most sought after neighbourhood, Fairfield. Established in May 1991 Fairfield Bicycle Shop has become a trusted name in the cycling community, earning a loyal customer base and strong local reputation over more than three decades. The shop offers a wide selection of bicycles, e-bikes, adult trikes. And is backed by a knowledgeable team of passionate cyclists, advocates, educators, and industry professionals. Positioned within a growing market segment, and benefiting from a large catchment area, the business offers excellent potential for continued success. Strong and profitable financials, a turnkey investment opportunity with an established client database and an experienced team already in place. More than just a retail store, the shop is also known for its expert service department, handling repairs that many other bike shops cannot. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-4K

Cash-on-cash

-3.66%

DSCR

0.80

Going-in cap

4.44%

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

50,149

Households

20,124

Median income

$103,000

Median age

45.1

Daytime population

73,550

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 390 Moss St, Victoria.

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.