Business For Sale · Retail

cls cls St, Victoria

cls cls St, Victoria, BC V1V1V1

$300,000 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

95%

About this property

Rare opportunity to acquire a high end bakery with over a decade of successful operation and a strong reputation as a local favourite. Ideally positioned to capture both tourist and local traffic, the business is known for its premium cakes, pastries and gourmet treats. The custom built space has been exceptionally maintained and remains modern and inviting. Behind the scenes is a well planned kitchen capable of high volume production, complete with walk in coolers and freezers, commercial ovens and the infrastructure required for a busy food operation. The existing setup provides an excellent foundation for continuing the established bakery or adapting the space to a new or expanded concept. With a quality build out, established history and desirable location, this is an attractive opportunity for an operator looking for a turnkey business with significant infrastructure already in place! NDA required for location, financials and additional business information. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$2K

Cash-on-cash

1.85%

DSCR

1.10

Going-in cap

6.10%

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

123,205

Households

46,377

Median income

$128,500

Median age

36.9

Daytime population

167,705

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for cls cls St, Victoria.

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.