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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$580,000
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
Incredible opportunity to purchase an unfinished retail unit at 9191 Yonge Street Level 1, Unit 22 (SW-9). Offers 582 sq. ft. of interior space with a total rentable area of 697 sq. ft. Located in a high-traffic, high-visibility area surrounded by residential condos and established businesses. Ideal for retail, café, or professional services. Public underground parking available exclusively for retail visitors. Design and build to suit your business needs. A perfect blank canvas in a vibrant commercial hub! (id:39198)
Location
Province
Ontario
City
Richmond Hill
Address
Yonge
Postal Code
L4C1E2
Location Highlights
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Listed by
CENTURY 21 HERITAGE GROUP 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
582
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
$580,000
Asking Price
$580,000
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)
582
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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