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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$789,900
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
N/A
Premise Summary
Excellent Location, Great Street Exposure, SE Corner of Bleams Rd & Strasburg Rd, New Plaza, Professionally Finished End Unit is on 2nd Floor with 3 Offices, Conference Room, Printing & Storage Area, Reception, Kitchenette & Washroom, Access by Elevator & Stairs, 1787 Sqft, Many Uses Available: Tutoring, Travel Agency, Accountant, Advertising, Marketing, Lawyer, Paralegal, Immigration, Real Estate, Mortgage Office, Employment Agency, Driving School, Medical Specialist, X-ray & Ultrasound, Labs, IT, Copy & Printing Shop, Gym/Fitness/Yoga Centre, Dance School, Audiology, Traffic Tickets, Social Care, All Ministerial Offices, Photo Studio and many more. Easily Accessible from Major Roads & Hwys 401, 7 & 8 and Public Transit., Bus Stop just outside the Plaza. **** EXTRAS **** Great location, Newly Built Plaza, Corner Unit on 2nd Flr, Thousands spent on quality improvements, The Corner of two main roads, Ample Parking, Easily Accessible from major Roads & Hwys 401, 7 & 8, Close to all Amenities & Services. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
##9 -1241 Strasburg Rd
Postal Code
N2R1S6
Location Highlights
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Listed by
RE/MAX GOLD REALTY INC. 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
1,787
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
$789,900
Asking Price
$789,900
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)
1,787
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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