Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$120,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
LOCATION, LOCATION. Are You Looking To Invest In A Lucrative Business Venture? Look No Further! This offering includes two units: One is a storefront with a rear-loading. Dry-cleaning depot and the other is an alternation shop with over 40 years of history. Operating As Queen Cleaner Since 2013, Specialize In Professional Alterations, Dry Cleaning, Leather Cleaning And Repair, And Rug Cleaning. The Second Is Used For The Online Sale Of Liquidated General Products. Seize The Opportunity To Continue This Successful Enterprise! It Is Perfect For A Skilled Tailor Or Entrepreneur Looking For A Turnkey Business. Price Includes All Goodwill, Sewing Machines And System. The 5-Year Contract Lease For Both Units Is $3125.57/Month, Including TMI And Taxes. Don't Miss Out On This Chance To Own A Thriving Business In A High-Traffic Location. **** EXTRAS **** LEASE 5 Years, $3125.57, Including TMI And Taxes For Two Units. CHANGE OF BUSINESS USE IS POSSIBLE, Subject To Landlord Approval. (id:39198)
Location
Province
Ontario
City
Mississauga
Address
#6 -128 Queen St S
Postal Code
L5M1K8
Location Highlights
N/A
Listed by
COLDWELL BANKER REALTY IN MOTION Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,620
Year Built
N/A
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
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
N/A
Financial Information
Yearly Rate
$120,000
Asking Price
$120,000
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.
N/A
NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,620
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
Save this Listing
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.
