Business For Sale · Retail

Unknown

Unknown, ON

$899,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

Turnkey & Well-Established GOURMET GROCERY STORE- EXCEPTIONAL OPPORTUNITY! Specialty Meat Products, Deli, BBQ, Fresh Food Takeout. The business has developed a strong local presence and loyal customer base, with multiple complementary revenue streams including premium meats, gourmet deli, bakery, specialty cheeses, fresh produce, prepared foods, catering services and custom gift baskets. Known for quality products, exceptional service and a strong community reputation, this operation offers a well-established platform for an owner-operator or experienced entrepreneur. Significant potential exists to further expand catering, prepared foods, delivery, online sales and other revenue channels. A rare opportunity to acquire an established, diversified business with an excellent foundation for continued growth. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$899K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$55K

Annual cash flow

$6K

Cash-on-cash

2.11%

DSCR

1.11

Going-in cap

6.17%

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

144,155

Households

49,846

Median income

$69,500

Median age

41.4

Daytime population

173,019

5-yr growth

6.3%

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.