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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$298,000
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
This is a turnkey unit in the beautiful Centro Square Shopping Mall is perfect for those looking to invest as there is a tenant willing to stay on, or for someone that is looking to run and operate their small business. This corner unit has large visibility from anywhere inside the mall. It is steps away from a great restaurant and beside a lawyers office. Ample visitor parking with 3 hours free for anyone, and this located just outside the door from this unit. This mall is below a two tower residential building with hundreds of habitants in this development which means lots of potential clients. If looking for investment, there is a tenant paying fair market value and is willing to stay. Please book with listing agent on broker bay, do not go direct. Please respect current business. Centro square is located at one of the busiest intersection in Woodbridge. There are many prominent businesses at this address. **** EXTRAS **** Free parking, foot traffic through mall. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
#158 -7777 Weston Rd
Postal Code
L4L0G9
Location Highlights
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Listed by
PROSPECT REALTY INC. 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
431
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
$298,000
Asking Price
$298,000
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.
N/A
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)
431
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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