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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,999
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Great Commercial Investment with an A++ Tenant. This commercial space, located in the highly sought-after area of West Minister Woods in the south end of Guelph, presents a rare opportunity for potential buyers. The property offers a prime piece of real estate in a bustling location, with easy access to numerous amenities and high foot traffic from neighbouring establishments. Currently set up as a barbershop, this commercial space has undergone a complete custom renovation. Furthermore, the property is fully licensed to serve liquor. Take advantage of this unique chance to acquire a valuable commercial asset in a prime location. Please reach out to us today to arrange a viewing and explore the potential that awaits in this thriving area. (id:39198)
Location
Province
Ontario
City
Guelph
Address
64 Frederick Drive Unit# 102
Postal Code
N1L0K7
Location Highlights
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Listed by
Real Broker Ontario Ltd. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
641
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$499,999
Asking Price
$499,999
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
641
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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