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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,625,000
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
Inviting investor's contractors, handymen and new buyers to put an offer on an extremely high demand commercial/industrial unit which is vacant and available with property for sale. Buyer has potential for rapid growth with this unit. Property has 2000 Sq.Ft on the main floor and 355 Sq.Ft on the mezzanine which is nicely finished and has bright LED lights in the entire unit. The property has easy access to the unit from front and back. Property is conveniently located on a main road on Torbram and Steeles. Property has direct access to Hwy 401-407 and Hwy 410 and public transit .M1 Zoning permits the processing and packaging of food and a portion of the unit . can be retail component to sell packaged sweets/samosas and food factory. The zoning can also be used for printing establishment, radio TV broadcasting, industrial/commercial, furniture/appliance store, recreational/community club, animal hospital, place of worship and associate office. **** EXTRAS **** Plaza parking 10 in front, 50 on the side and 2 reserved parking in the back. The unit has one kitchen, storage room, office, washroom and janitorial room. (id:39198)
Location
Province
Ontario
City
Brampton
Address
#59 -8500 Torbram Rd
Postal Code
L6T5C6
Location Highlights
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Listed by
HOMELIFE/MIRACLE REALTY 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
2,355
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
N/A
Financial Information
Yearly Rate
$1,625,000
Asking Price
$1,625,000
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)
2,355
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
