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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,299,000
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
Excellent Investment Opportunity On A Prime Yonge St. Beautifully Renovated Main Floor Retail Store Plus 1 Large 3 Bedrooms Residential Apartment Above, One car parking @ rear, very high vehicular & pedestrian traffic location, street parking in front, ""P"" parking across road, new food market at Lawrence Ave. **** EXTRAS **** Rent: Store: $6,424/ Monthly (Include Tmi , Hst), Lease Term Till March 31st, 2026 And Another 5 Years Renewal. 2nd Floor: 2460.00/Month, M to M (id:39198)
Location
Province
Ontario
City
Toronto
Address
3238 Yonge St
Postal Code
M4N2L4
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
2,369
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
$2,299,000
Asking Price
$2,299,000
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)
2,369
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
