Business For Sale · Specialty

317 JOSEPHINE Street Unit# 1, North Huron

317 JOSEPHINE Street Unit# 1, North Huron, ON N0G2W0

$180,000 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

90%

About this property

New Orleans Pizza Business in Wingham, ON is For Sale. Located at the busy intersection of Josephine Street & Patrick Street East. Surrounded by Fully Residential Neighborhood, Close to Schools, Highway, Offices, Banks, Major Big Box Store and Much More. Monthly Sales: Approx. $30,000–$35,000. Rent: $1903.84/m including TMI & HST, Lease Term: Existing 5 + 5 years + Option to renew, Royalty: 8%, Operating Since: 2020 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$180K
Down payment30% · $54K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$831

Projected NOI

$12K

Annual cash flow

$2K

Cash-on-cash

2.83%

DSCR

1.15

Going-in cap

6.39%

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

114,006

Households

51,309

Median income

$76,500

Median age

41.9

Daytime population

151,788

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 317 JOSEPHINE Street Unit# 1, North Huron.

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.