Business For Sale · Specialty

31 KING Street, Brantford

31 KING Street, Brantford, ON N3T3C4

$99,900 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

99%

About this property

Exceptional opportunity to acquire a well-established, highly rated turnkey restaurant in the heart of downtown Brantford. Ideally located near the Sanderson Centre, Wilfrid Laurier University, City Hall, and surrounding residential neighbourhoods, this prime location benefits from excellent exposure and a steady flow of students, professionals, local residents, and visitors. The restaurant is fully equipped with a commercial kitchen, quality restaurant furnishings, an inviting dining area with seating for over 25 guests, and is an AGCO-licensed establishment. The rear of the property offers excellent potential for a spacious outdoor patio, providing the opportunity to expand seating capacity and enhance revenue. The premises also feature two recently renovated washrooms. With over four years remaining on the current lease and an option to renew, this turnkey business presents an outstanding opportunity. Continue the existing successful operation or introduce your own restaurant concept in this versatile, high-traffic location. Viewings are strictly by appointment only and must be scheduled outside of business hours. Please do not attend the property directly or speak with staff. The business name Cubanos Kitchen & Bar is not included in the sale but may be negotiated. Schedule your viewing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$100K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$461

Projected NOI

$7K

Annual cash flow

$1K

Cash-on-cash

3.92%

DSCR

1.21

Going-in cap

6.72%

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

71,058

Households

32,229

Median income

$91,500

Median age

45.1

Daytime population

115,229

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 31 KING Street, Brantford.

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.