Business For Sale · Retail

13229 ILDERTON ROAD, Middlesex Centre (Ilderton)

13229 ILDERTON ROAD, Middlesex Centre (Ilderton), ON N0M2A0

$239,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

97%

About this property

This is a Fabulous Opportunity To Own A Well-Established Successful Franchise...Which Is Easy To Run, Rewarding Business With Great Profit Margins In An Ideal Location. Advertising And Promotion Provided, Centralized Call Center, Ongoing Business Development, Online Ordering Platform Along With Research And Development All Provided. The business is already generating very good sales with significant upside potential as ongoing residential development continues to transform the area. Monthly sales consistently range from $26,000 to $30,000, delivering dependable cash flow. The location benefits from exceptionally low overhead, with rent of Approximately $2034 per month including TMI. Food costs average between 36%-38%, while franchise fees are set at 5% royalty and 3% advertising. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$239K
Down payment30% · $72K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$2K

Cash-on-cash

2.83%

DSCR

1.15

Going-in cap

6.39%

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

83,449

Households

32,984

Median income

$128,500

Median age

39.7

Daytime population

123,082

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 13229 ILDERTON ROAD, Middlesex Centre (Ilderton).

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.