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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$370,000
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
Business For Sale - Without Inventory - A Prime and High Traffic Location In this very desirable commercial plaza in Mississauga ( Eglinton Ave & 9th Line). All Chattels, fixtures, Inventory not included in the sale price of this men's apparel business. Reasonable monthly rent and good lease terms. TMI included in rent (approx $12.50/Sq.Ft). Great opportunity to get into this high-traffic location and operate this business at current low rents. All Offers must be conditional upon the new owner being approved by the landlord to assume the existing lease. All relevant information to be verified by Buyer/Buyer Representative. (id:39198)
Location
Province
Ontario
City
Mississauga
Address
#38 -3470 Platinum Dr
Postal Code
L5M7N4
Location Highlights
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Listed by
RIGHT AT HOME REALTY 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
1,146
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
$370,000
Asking Price
$370,000
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)
1,146
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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