Business For Sale · Specialty

A 7254 PIONEER AVENUE, Agassiz, Agassiz

A 7254 PIONEER AVENUE, Agassiz, Agassiz, BC V0M1A3

$320,000 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

86%

Lot Size

0 ac

About this property

Excellent opportunity to own the only laundromat in Agassiz! Located in the heart of town, this well-established business has built a strong customer base and offers both self-service and full-service laundry options. With a growing community and opportunities to expand services and operating hours, there is plenty of potential for continued growth. Whether you're looking to take an active role in running the business or add to your investment portfolio, this is a unique opportunity to own an established business in Agassiz. Note business has dedicated parking for load/unload. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$320K
Down payment30% · $96K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$-305

Cash-on-cash

-0.32%

DSCR

0.98

Going-in cap

5.45%

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

126,601

Households

58,771

Median income

$136,500

Median age

35

Daytime population

133,388

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for A 7254 PIONEER AVENUE, Agassiz, Agassiz.

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.