Business For Sale · Retail

829 QUEEN STREET, Kincardine

829 QUEEN STREET, Kincardine, ON N2Z2Y2

$55,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

About this property

A prime Queen Street location and downtown Kincardine's only dine-in breakfast option make The Breakfast Table an exciting turnkey opportunity for an owner-operator. Formerly known as the Watercress Bistro, this location has been a breakfast destination for over 20 years, helping establish a loyal customer base that continues under its new name. Benefit from excellent visibility, plenty of pedestrian traffic and available street parking in the heart of downtown Kincardine. The 720 sq. ft. space offers seating for 50, recent kitchen and washroom updates, and current health, fire and electrical inspection certifications. Five staff are currently on hand, and owner training is available to support a smooth transition. The sale includes the business, The Breakfast Table name if desired, menu, equipment and inventory. An extensive list of included items makes this a ready-to-operate opportunity in a prime downtown location. Sale of business only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$55K
Down payment30% · $17K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$254

Projected NOI

$3K

Annual cash flow

$113

Cash-on-cash

0.68%

DSCR

1.04

Going-in cap

5.75%

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

86,764

Households

40,894

Median income

$82,500

Median age

42.3

Daytime population

121,817

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 829 QUEEN STREET, Kincardine.

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.