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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$30
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Newly built retail opportunity backing onto the Grand River where the Nith River and the Grand connect. Large partially covered deck for your patrons to take in the gorgeous views. Located in the heart of downtown Paris, a tourist and local destination for all. Street front exposure with full wall of glazing overlooking the river. Options to lease the whole space of 2890 sf or divide to 525 sf, 1050 sf, 1167 sf & 2215 sf. Building has newly poured basement for storage. The building is constructed with high end contracting, attention to detail throughout and it truly blends into the surrounding buildings with the old world charm of The Prettiest Little Town in Canada. Ample tourist foot traffic as well as local patrons. Town hosts downtown festivals and local business support and collaboration. Surrounded by plenty of municipal and street parking. Ready to make your mark in downtown Paris, possession late 2024. (id:39198)
Location
Province
Ontario
City
Paris
Address
7 Grand River Street N Unit# 3
Postal Code
N3L2L9
Location Highlights
N/A
Listed by
Re/Max Twin City Realty Inc 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
1,050
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
Sq. Ft. Rate
$30
Asking Price
$30
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)
1,050
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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