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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$495,000
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
***Bright & Spacious Unit In A Well-Known Indoor Mall ""The Richlane Mall""***A Prime Location In Richmond Hill Right Next To Prestigious ""Bayview Hill"" Community & ""Headford Business Park""***Minus Drive To Hwy 404 & Hwy 407***This Unit Has A Wider Frontage & A Back Door Access For Easy Delivery***Finished Basement Consist Of 2 Washrooms & Direct Access To Underground Parking***This Mall Features Different Types Of Restaurants, Medical Clinic, Pharmacy, Cafe & Hair Stylist***Lots Of Outdoor And Underground Parkings***Suitable For All Types of Retails & Services Use*** **** EXTRAS **** ***Unit Is Tenanted Till June 30, 2024*** (id:39198)
Location
Province
Ontario
City
Richmond Hill
Address
#9 -9425 Leslie St
Postal Code
L4B3N7
Location Highlights
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Listed by
CENTURY 21 PERCY FULTON LTD. 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
1,013
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
$495,000
Asking Price
$495,000
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.
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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)
1,013
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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