1/5324 THOROLD Road, Welland
324 THOROLD Road, Welland, ON L3C3W6
$369,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
85%
About this property
Price to quick sale Rent - $2256 including HST,TMI, Gas, Water and Garbage. Turnkey Pizza Business Opportunity - Vincent's Pizzeria and wings. No Franchise. Be your own Boss. Excellent opportunity to own and operate a well-established pizza business with very low overhead costs and very low rent. The business operates in Welland since 1981. Key Highlights : Very Low Rent Gas, Water and Garbage bin included in Rent Established pizza business since 1981 Turnkey Operation Strong potential for future growth A rare opportunity to acquire a turnkey pizza business with exceptionally low operating cost. Contact the Listing agent for more information. Do Not Go Direct (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-1K
Cash-on-cash
-1.08%
DSCR
0.94
Going-in cap
5.22%
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
66,229
Households
23,216
Median income
$125,500
Median age
37
Daytime population
59,616
5-yr growth
0.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 324 THOROLD Road, Welland.
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.