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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
Food Court In ""Shops On Yonge"" Mall, Great Opportunity To Establish Your Own Business The Way You Want. You Can Set Up Any Kind Of Food Business! Largest Unit In Food Court. Over 300 Retail Shops, Supermarket, Hotel, 4 Residential Condos Of Over 1,200 Units. Mall Is Directly Connected To Residential Condo Towers. **Buyer to assume current tenant's lease until Aug 31, 2028** **** EXTRAS **** Underground Parking Spaces Available For Visitors. Seasons Supermarket (P1 Level), Royal Bank Of Canada (Rbc) And Shinhan Bank Are Also On Site. (id:39198)
Location
Province
Ontario
City
Markham
Address
#250 -7181 Yonge St
Postal Code
L3T0C7
Location Highlights
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Listed by
HOMELIFE FRONTIER 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
860
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
$699,000
Asking Price
$699,000
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)
860
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
N/A
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