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BrokerStudio
Suite of tools & services
Benefits
Yearly Rate
$6,500,000
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Rare opportunity to purchase redevelopment lands in the Lancaster node. Offering consists of 5 properties totaling approx. 1.21 acres with both mixed (MIX-2) and residential (R4) zoning. All buildings are fully tenanted - buyer to assume tenancies on closing. Directly across the street from a proposed redevelopment containing 5 multiple residential buildings of varying heights up to 26 stories and 1,198 units total. Financial information and Phase 1 (549 Lancaster) available upon receipt of Confidentiality Agreement. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
547549553555 Lancaster Street W
Postal Code
N2K1M2
Location Highlights
N/A
Listed by
COLDWELL BANKER PETER BENNINGER REALTY Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$6,500,000
Asking Price
$6,500,000
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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