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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$198,000
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
Commercial property and well established extended healthcare business for 20 plus years for sale in prime Scarborough location at Midland and Sheppard, walking distance to TTC and GO Transit. Great for Traditional Chinese Medicine, Acupuncture, RMT, SPA operation. Have 2 entrances: one from mall and from outside direct for great exposure and flexibility. Located on ground floor near main entrance for great exposure. The two units are linked offering over 640 feet of retail space. Property includes 1 private parking space. Management fees include Heat, AC and property insurance. (id:39198)
Location
Province
Ontario
City
Toronto
Address
#27 - 28 -4211 Sheppard Ave E
Postal Code
M1S5H5
Location Highlights
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Listed by
DREAM HOME 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
649
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
$198,000
Asking Price
$198,000
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)
649
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
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