Business For Sale · Retail

346 4820 KINGSWAY, Burnaby

346 4820 KINGSWAY, Burnaby, BC V5H4P1

$296,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

FAMOUS CREPES, BUBBLE WAFFLES, ICE CREAM & FRUIT CAKES FRANCHISE BUSINESS - METROTOWN An excellent opportunity to own a well known franchise business located in Metropolis at Metrotown, one of the premier shopping destinations in Greater Vancouver. Situated in one of the best retail locations in the region, this business benefits from exceptionally high customer traffic and strong exposure. Easy to manage and fully turnkey, it is an ideal opportunity for both experienced operators and first time business owners. Priced to sell - don't miss this opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$296K
Down payment30% · $89K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$19K

Annual cash flow

$2K

Cash-on-cash

2.49%

DSCR

1.14

Going-in cap

6.29%

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

103,615

Households

41,352

Median income

$82,500

Median age

41.2

Daytime population

161,052

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 346 4820 KINGSWAY, Burnaby.

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.