Business For Sale · Specialty

16-10 WESTCREEK DRIVE N, Vaughan (West Woodbridge Industrial Area)

16-10 WESTCREEK DRIVE N, Vaughan (West Woodbridge Industrial Area), ON L4L0B5

$1.9M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

About this property

***** Excellent Opportunity To Buy a Well-Established Business,*****An exceptional opportunity to acquire Khan Custom Furniture, a well-established business specializing in Canadian-made luxury furniture and contemporary interior design. The business offers a distinctive collection of high-quality furnishings, custom-designed to complement each client's unique space, lifestyle, and personal style. Known for its focus on quality craftsmanship, modern aesthetics, and personalized design solutions, Khan Custom Furniture presents an excellent opportunity for entrepreneurs, furniture retailers, or investors looking to enter or expand within the luxury furniture and interior design industry. A unique opportunity to take over an established brand and continue its growth and success. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.90M
Down payment30% · $570K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$125K

Annual cash flow

$20K

Cash-on-cash

3.51%

DSCR

1.19

Going-in cap

6.59%

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

93,803

Households

35,643

Median income

$134,500

Median age

36.2

Daytime population

90,567

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 16-10 WESTCREEK DRIVE N, Vaughan (West Woodbridge Industrial Area).

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.