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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$368,000
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
Great location in the heart of Markham, close to York University, T & T supermarket, schools, professional offices, shopping centres, residential area, restaurants, Good for investment or self operating business. Good for retail, studio, show room, office, beauty services etc The buyer needs to assume the existing tenant's lease until terms expire. Tenanted. Don't disturb tenant. **EXTRAS** All ELF, The unit is nicely finished (id:39198)
Location
Province
Ontario
City
Markham
Address
2708 - 8339 Kennedy Road
Postal Code
L3R5T5
Location Highlights
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Listed by
HOMELIFE LANDMARK 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
401
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
$368,000
Asking Price
$368,000
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)
401
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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