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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$170,000
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
Experience unparalleled convenience in this expansive 320,000 sq.ft. property, perfectly positioned in the heart of Improve Canada, the largest home improvement center in the country. With over 400 stores at your disposal, this prime location serves as the ultimate destination for all your renovation and decorating needs, making it an ideal choice for a wide range of business uses. Located in Vaughan, within the Greater Toronto Area, the property boasts excellent accessibility and visibility. Improve Canada is a permanent hub for both consumers and tradespeople, offering a vibrant and dynamic environment for business growth. Additionally, an adjacent unit is also available, providing a unique opportunity to own or combine two units, further amplifying your business potential. Whether you're looking to expand your retail presence or secure a prime spot for your enterprise, this property offers unmatched opportunities in a thriving commercial landscape. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
7250 Keele Street Unit# 218
Postal Code
L4K1Z8
Location Highlights
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Listed by
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2 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
420
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
$170,000
Asking Price
$170,000
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)
420
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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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.
