Business For Sale · Retail

3 - 300 FOURTH AVENUE, St. Catharines (Ridley)

3 - 300 FOURTH AVENUE, St. Catharines (Ridley), ON L2S0E6

$350,000 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

Excellent opportunity to acquire a dual-brand franchise business featuring Thai Express and Mr. Sub, located in the thriving west end of St. Catharines within the growing Ridley neighbourhood. Well-recognized and established franchise brands offering a diverse menu of Thai cuisine, sandwiches, and quick-service favorites, supported by proven operating systems and ongoing franchisor support. Situated in the well-established First Place Plaza, this highly visible storefront benefits from ample on-site parking and strong exposure. The plaza is surrounded by major tenants, grocery stores, shopping centres, medical offices, pharmacies, and dense residential neighbourhoods, creating consistent foot traffic and repeat clientele. The restaurant spans approximately 2,080 sq ft and is well laid out for efficient operations. Fully trained staff are in place, and training will be provided for buyers wishing to continue the current business model. A turnkey opportunity ideal for a first-time buyer, family operator, or experienced restaurateur looking to establish or grow a presence in the Niagara region. Lease and financials available upon request. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$17K

Annual cash flow

$-3K

Cash-on-cash

-2.54%

DSCR

0.86

Going-in cap

4.78%

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

70,604

Households

33,078

Median income

$103,000

Median age

43.1

Daytime population

68,997

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 3 - 300 FOURTH AVENUE, St. Catharines (Ridley).

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.