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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,949,000
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
Amazing Investment, Excellent Profitable Turn Key Investment Opportunity **currently M2 Zoning** Current Good Revenue** Near to Downtown Kitchener And Hwy 7, Hwy 8, And HWY 401 ** Multi Use 6 Unita With Its Own Offices, Washrooms, Furnaces, Separate Entrances, Shipping/ Loading Doors** Suitable For A Wide Variety Of Businesses!!! Only 1 Long term Lease, 5 Leases on month to month basis. Huge potential for increasing rents to market Value. Huge Potential for Zoning Change and development opportunity. Ask LA for More info on the same. *Kindly do your own due diligence* (id:39198)
Location
Province
Ontario
City
Kitchener
Address
6 Hoffman St
Postal Code
N2M3M4
Location Highlights
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Listed by
SAVE MAX GRAVITAS 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
20,505
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
$1,949,000
Asking Price
$1,949,000
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)
20,505
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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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.
