1/12101 6888 ROYAL OAK AVENUE, Burnaby
101 6888 ROYAL OAK AVENUE, Burnaby, BC V5J4J2
$99,000 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
83%
About this property
Established Dessert Business Near Royal Oak SkyTrain Station for sale. Established in 2012, this approximately 1,800 sq. ft. dessert business offers seating for 50, two washrooms, and three staff parking spaces behind the building. The business operates with three part-time employees and one full-time manager, with minimal owner involvemant. Seller-reported average monthly sales are approximately $30,000, with annual profit of approximately $100,000, subject to verification. Parties are booked almost every weekend. Total monthly rent is approximately $12,000, all-inclusive. The current lease runs through 2027 with a stated five-year renewal option. NO DEMO. The premises currently use electric burners and a residential-style exhaust hood. Gas service is reportedly available next door; any connection or kitchen upgrade would require confirmation of feasibility and applicable approvals. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$457
Projected NOI
$5K
Annual cash flow
$-9
Cash-on-cash
-0.03%
DSCR
1.00
Going-in cap
5.53%
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
105,152
Households
46,712
Median income
$104,000
Median age
33
Daytime population
120,685
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 101 6888 ROYAL OAK AVENUE, Burnaby.
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.