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BrokerStudio
Suite of tools & services
Benefits
Monthly Rate
$2,000
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
1036 sqft of commercial space in prime high-visability area on Topsail Road, Mount Pearl. Building was previously leased to Universal Travel for over 10 years. Last lease was to Centum Mortgages for the last 9 years and then S/X Store. Great retail or office space, or start up your own martial arts class, hair salon, or flower shop. Lots of potential here for various ideas of business. Building was reno’d to accommodate a large reception area, office, kitchenette, and 2pc bathroom. Space is adjacent to a woodworking business that is renting out of the front building. Parking included as well as snow clearing. (id:39198)
Location
Province
Newfoundland & Labrador
City
Mount Pearl
Address
Topsail
Postal Code
A1N3K2
Location Highlights
N/A
Listed by
RE/MAX Realty Specialists Newfoundland & Labrador 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
1,036
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
$2,000
Asking Price
$0
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)
1,036
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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