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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$730,000
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
Introducing the perfect canvas for your retail dreams at Yonge and 16th! Retail Unit NE-5 on Level 1, Unit 13 awaits your creative touch. With 765 Sqft of space and a rentable area of 886 Sqft, this unfinished unit offers endless possibilities for design and style. Imagine the potential! Plus, enjoythe convenience of public underground parking exclusively for retail stores. Don't miss out on this remarkable opportunity to bring your vision to life. (id:39198)
Location
Province
Ontario
City
Richmond Hill
Address
Yonge
Postal Code
L4C1V5
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
765
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
$730,000
Asking Price
$730,000
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)
765
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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