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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$15
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Prime Opportunity to establish your business in this prime 1600 sq ft space, ideally suited for a variety of ventures including retail, salon, service industry, cafe/restaurant, or professional services. Currently fitted as a Salon and Aesthetics business, this space offers a seamless transition for similar enterprises. Situated in a vibrant downtown area, your business will benefit from high visibility and foot traffic. Adjacent to a professional real estate brokerage and the Post Office, this location is strategic for attracting clients. Featuring a new facade and new windows, this property boasts a contemporary look, with a recently renovated interior. Available October 1st; $15.00 per sq ft, triple net. Min. 3 year lease, 5 year preferred. (id:39198)
Location
Province
Ontario
City
Chatham
Address
146 Wellington Street West Unit# 1
Postal Code
N7M1J3
Location Highlights
N/A
Listed by
NEST REALTY INC. Ontario listing
Category
Property Information
Premise Status
LEASED Premises
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
1,600
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
$15
Asking Price
$15
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)
1,600
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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