Business For Sale · Specialty

1824 CONFIDENTIAL, Surrey

1824 CONFIDENTIAL, Surrey, BC V3S1X7

$175,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

90%

About this property

An exceptional opportunity to acquire a thriving, fully operational millwork business with dual revenue streams: custom fabrication orders with major lumber distributors (including Dick's Lumber) and pre-made products sold through lumber stores (including Windsor Plywood and Rona's) and e-commerce. There is a general manager in place to handle production and day-to-day operations, allowing the current owner to maintain a hands-off role for the last five years. This is a perfect opportunity for someone to take this turn-key foundation to the next level. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$175K
Down payment30% · $53K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$808

Projected NOI

$10K

Annual cash flow

$509

Cash-on-cash

0.97%

DSCR

1.05

Going-in cap

5.83%

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

107,780

Households

42,244

Median income

$105,000

Median age

45.8

Daytime population

105,418

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 1824 CONFIDENTIAL, Surrey.

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.