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Retail Property For Sale at #2B06 -7215 GOREWAY DR in Mississauga, Ontario

4 Sale ID #213487
Updated 03 May 2024

Asking Price

$190,000

Cap Rate help 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

Excellent Opportunity To Own The Larg Unit (227.Ft). Store Located by thebusy Food Court area. Start Your Own Business Or Invest In A Very Busy,Established And Prominent Mall. Very Practical And Useful Layout. Best SpotIn Westwood Square, State-Of-The-Art Condominium Mall. Open Your Own BusinessOr Buy As Investor. Unit Surrounded By Lots Of Traffic, Major Banks, ShoppersDrug, Walmart, Lcbo, Beer Store, Two Tim Hortons,Subway, Gym, Ttc,Mississauga And Brampton Transits And Many More.Ideal Uses May Be Salons, Beauty Parlor, Decor, Law Office, CellPhones /Computer Store, Photos, Florist, Gift Shop, Clothing Store,Supplement Shop, Jewellery, Office & Lot More. **** EXTRAS **** Condo Fee Inclusive of Hydro, Gas, 24 Hr Security Bldg Insurance. (id:39198)

  • MLS® : #W8131128
  • Date Listed : 11 Mar 2024

Location

Province

Ontario

City

Mississauga

Address

#2b06 -7215 Goreway Dr

Postal Code

L4T2T9

Location Highlights

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Listed by

RE/MAX MILLENNIUM REAL ESTATE Ontario listing

Category

retail-properties

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

227

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$190,000

Asking Price

$190,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

227

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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