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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$575,000
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
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Premise Summary
Prime Location! Space With A Bathroom Available, Good Exposure @ Markham & Steeles Ave. Suitable For Service, Clinic, Cell Phone, Salon, Spa,Travel agency, Insurance office, Watches Shop And Much More. Start Your Own Business In Very Busy Plaza With Plenty Of Parking Spaces And Walking-In Customers. Quick Access To Major Highways (401 & 407) And 24 Hr Public Transit. Strong Traffic Counts. Major Banks Are Across The Street. Close to Canada post plant, Amazon, Walmart, major bank, and many big box stores. **** EXTRAS **** It has the SPA/Salon set up available. Build in two office room along with two pieces washroom. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#108 -3331 Markham Rd
Postal Code
M1X1S8
Location Highlights
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Listed by
RE/MAX ROYAL PROPERTIES REALTY 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
495
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
$575,000
Asking Price
$575,000
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)
495
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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