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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
Discover an exceptional opportunity at Centro Square, a prestigious mixed-use development strategically located in Vaughan's thriving Corporate Centre. This meticulously maintained office/retail unit offers approximately 1,070 square feet of premium commercial space, featuring contemporary laminate flooring and impressive high ceilings that create an inviting, professional atmosphere.This highly sought-after corner unit provides superior dual storefront exposure and prime positioning adjacent to the high-traffic food court area, ensuring maximum visibility and consistent customer flow for your business operations. The property's strategic location offers seamless connectivity to major transportation networks, including Viva, TTC, Highway407, Highway 400, and convenient access to Highways 401 and 427.Positioned at the prominent intersection of Weston Road and Highway 7, this represents a rare opportunity to establish or expand your business presence in one of the Greater Toronto Area's most dynamic and rapidly developing commercial corridors. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
Weston
Postal Code
L4L0G9
Location Highlights
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Listed by
RIGHT AT HOME 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
1,070
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
$650,000
Asking Price
$650,000
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)
1,070
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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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.
