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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,900
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
Lot Size
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Building Size
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Premise Summary
Great Investment or owner operator property, this property is under power of sale and available immediately. Property and equipment sold in as is condition. Thousands of students all around in the heart of student residencies. Bring your business and capitalize on the student market. Zoning allows many uses. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
280 Lester Street Unit# 113
Postal Code
N2L3W5
Location Highlights
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Listed by
RE/MAX TWIN CITY 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
1,218
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
$549,900
Asking Price
$549,900
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)
1,218
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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