Business For Sale · Retail

1828 CONFIDENTIAL, Surrey

1828 CONFIDENTIAL, Surrey, BC V0V0V0

$279,900 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

90%

About this property

Excellent opportunity to own a successful & fast-growing Pizza franchise in the prime neighbourhood of Clayton. All the appliances including a good size Walking Cooler are in a mint condition. Location has heavy footfall & is right in the middle of high density residential/ Commercial area of CLAYTON with prime exposure on 184 Street. Training is provided by the Franchise. Gross lease of 4436.45 per month including GST with Two 5 Years option to renew. Franchisor in Pizza business from past 20 years, very high quality food ingredients used to prepare the customers favourite pizza. High standards of Hygiene maintained in every location. Please call to book your viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$280K
Down payment30% · $84K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$-2K

Cash-on-cash

-1.79%

DSCR

0.90

Going-in cap

5.00%

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

92,291

Households

37,235

Median income

$104,000

Median age

45.8

Daytime population

89,194

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 1828 CONFIDENTIAL, Surrey.

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.