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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$45
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Prime Commercial Development Opportunity in St. Thomas, Ontario. Ideal site for drive-thru restaurants up to 4000 sq ft. Versatile zoning allows for various uses. Asking $45.00 per sq ft net, and Additional Rent estimated at $10.00 per sq ft TMI, with separately metered utilities. Leasing incentive available for the right tenant. High traffic on Sunset Drive. Other Tenants include Sunset Cafe, Ring-a-wing. (id:39198)
Location
Province
Ontario
City
St. Thomas
Address
186 Sunset Drive
Postal Code
N5R3B9
Location Highlights
N/A
Listed by
PRIME REAL ESTATE BROKERAGE Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
2,500
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Sq. Ft. Rate
$45
Asking Price
$45
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,500
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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