Business For Sale · Retail

Unknown

Unknown, ON

$449,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

93%

About this property

Step into a well-established Persian bakery in a prime Port Coquitlam, BC location with convenient parking right at the door, ideal for first-time owners or family businesses. This establishment boasts high foot traffic and a loyal customer base, supplying Tri-City grocery stores and contracted clients, all while being surrounded by high-density condos and office buildings. Featuring great street exposure, CSA-approved equipment, a 2-hood system, a grease trap, and additional storage, it offers low rent with a long lease and no demo clause. Known for its delicious pastries and desserts made from the highest quality ingredients, the bakery offers a variety of products, including Taftoon Naan, Barbary Naan, apple pie, and baklava. With no franchise fees, this turnkey operation is perfect for anyone looking to step into a thriving food business in a growing area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$449K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$30K

Annual cash flow

$5K

Cash-on-cash

3.87%

DSCR

1.21

Going-in cap

6.70%

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

97,528

Households

35,402

Median income

$111,000

Median age

33.2

Daytime population

155,543

5-yr growth

3.4%

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.