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BrokerStudio
Suite of tools & services
Benefits
Monthly Rate
$2,800
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
This prime storefront property located on a prominent street provides an excellent opportunity for maximizing business visibility. With 1,400sqft of versatile Mix-2 zoning, this space is ideal for various commercial uses such as retail, office, and personal services. The convenience of a 2pc bath and on-site parking add to the appeal of this property. Situated in a high-traffic corridor close to the Highway, numerous amenities, and public transportation access, this location is sure to attract a steady flow of potential customers. Additionally, a detached storage garage is available and negotiable, providing even more flexibility for your business needs. Don't miss out on the chance to establish your business in this thriving area. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
581 Lancaster Street W
Postal Code
N2K1M5
Location Highlights
N/A
Listed by
Royal LePage Wolle 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
1,400
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
Monthly Rate
$2,800
Asking Price
$2,800
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)
1,400
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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