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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$429,000
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
Step into the vibrant beat of downtown Guelph’s heart where every corner hums with the rhythm of creativity and culture. This coveted street-level location situated between Balzac’s Coffee Roasters and Found Coffee across from Guelph’s Farmer’s Market and less than 100 meters from Guelph City Hall and parking at Market Parade offering unparalleled visibility and accessibility ensuring the venture of your choice is spotlighted. Whether you’re seeking to showcase your own contemporary collection; to cultivate a dynamic and innovative workspace; to create a venue for events; or curate an unforgettable retail experience…this modern gem tailor-made for commercial or professional endeavours sets the stage for success. With its sleek lines, minimalist design, a multifunctional configuration can be achieved within the 627 square foot space. The expansive windows also offer visibility into the unit while also allowing the interior to be filled with natural light. its unique construction and modern gallery lighting system. In addition, this unit has a fully accessible entrance with an accessible washroom. Quite frankly, this extraordinarily and versatile boutique space is orchestrated to elevate your brand, captivate your audience, and make your mark in style. Currently home to R.I.C.A. a nationally recognized destination for Canadian Visual Art, we invite you to explore this contemporary space for your next entrepreneurial endeavor. (id:39198)
Location
Province
Ontario
City
Guelph
Address
5 Gordon Street Unit# 107
Postal Code
N1H4G8
Location Highlights
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Listed by
Chestnut Park Realty (Southwestern 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
581
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
$429,000
Asking Price
$429,000
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)
581
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
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