Business For Sale · Retail

Unknown

Unknown, ON

$499,900 total

2,882 SF

Asset Class

Retail

Size

2,882 SF

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

$173

Occupancy

99%

Year Built

2021

About this property

Profitable Mexican Bar & Grill, Prime Location Located in a high-traffic area with excellent visibility and strong footfall. Known for its authentic Mexican cuisine, fast friendly service, and top online reviews. Beautiful handcrafted wooden décor imported from Mexico creates a warm, unique dining atmosphere with 95 Seating's Approved. A very busy Location, well-established, and highly profitable business with loyal repeat customers. its part of north east / north west between. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$34K

Annual cash flow

$6K

Cash-on-cash

4.33%

DSCR

1.23

Going-in cap

6.84%

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
Blue Harbour Design1,328 SF2031-11
Blue Harbour Design714 SF2031-11
Blue Harbour Design818 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

117,009

Households

46,779

Median income

$87,500

Median age

45.2

Daytime population

103,742

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for Unknown.

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.