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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$289,000
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
Fully renovated, turn-key commercial unit in Centro Square Shops offers the perfect opportunity. Centrally located with direct access to Highway 7 and Highway 400, and just minutes from VMC and VIVA Transit stops, this unit ensures convenience and visibility for both you and your clients. With ample free parking for your clients, high foot traffic, and strong surrounding businesses, this location is designed to support your growth. Inside, the space is filled with natural light and features a clean, modern layout with upgraded plumbing and electrical systems to accommodate a wide range of business types. The unit is currently well suited for a service-based business, but it can be easily adapted for retail uses. Surrounded by a vibrant mix of established and up-and-coming businesses, this is a professional and flexible space ready to support your next chapter! GREAT FOR INVESTORS TOO!! (id:39198)
Location
Province
Ontario
City
Vaughan
Address
Weston
Postal Code
L4L0G9
Location Highlights
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Listed by
SPECTRUM REALTY SERVICES INC. 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
627
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
$289,000
Asking Price
$289,000
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)
627
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
N/A
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