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Retail Property For Sale at 3871 LAWRENCE AVE E in Toronto, Ontario

New
4 Sale ID #222431
Updated 30 Apr 2024

Asking Price

$149,999

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Excellent Location, Very Well Organized Business Here.!!! Average Weekly Sales $13,500 Summer, $10,500 Winter (6 Months)4 Year + 5 Years Option. Fully Leased Plaza. Profit Making Store. Seller Discretionary Net Income $9300/ Month after the Conditional Offer. **** EXTRAS **** All Chattels Are Included In Asking Price. Newer Air Condition, 2 Ice Cream Fridges, Newer Ice Freezer, Walk-In Cooler. (id:39198)

  • MLS® : #E8206286
  • Date Listed : 03 Apr 2024

Location

Province

Ontario

City

Toronto

Address

3871 Lawrence Ave E

Postal Code

M1G1R2

Location Highlights

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Listed by

IPRO REALTY LTD Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,350

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$149,999

Asking Price

$149,999

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,350

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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