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Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Cash Flow 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)
Premises Size (square feet)
0Monthly Rent/Sq.Ft.
N/ASave this Listing
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Discover a Rare Opportunity to Operate an Exceptional Commercial Property In The Heart Of Newmarket's Main Street District. This 2,500 Sqf Corner Lot Property Features Two Unique Adjoining Units, Each With Its Own Separate Entrance, Liquor License, And Distinct Character, Connected By An Internal Passageway That Allows Both Spaces To Be Seamlessly Combined For A Larger Unified Concept. Both Spaces Are Being Offered As One Large Commercial Unit. Providing Unlimited Creative Potential For A Restaurant, Café, Entertainment Venue, Or Retail Concept. The First Unit Currently Operates As A Comic Book Retail And Bar/Lounge Hybrid With A Cozy Bar, Stools, Sofa, And Lounge Seating, While The Second Unit Features A Full Kitchen, Bar, And High-Top Tables, Ideal For A Food And Beverage Operation. Together, The Property Holds An LLBO License For 95 Patrons (75 Indoor And 20 Patio) And Showcases Outstanding Architectural Charm With High Ceilings, Exposed Brick Walls, Oversized Pine Board Flooring, And Large Transom WindowsThat Fill The Space With Natural Light. Situated On A High-Visibility Corner With Dual Street Exposure-Main Street Frontage And A Side Street Entrance-This Property Benefits From Strong Pedestrian Traffic Year-Round, Enhanced By Newmarket's Many Seasonal Events And Festivals. Rent Including TMI Is $7,500/Month. Perfect For Entrepreneurs, This Is A One-Of-A-Kind Opportunity To Bring Your Vision To Life In One Of Newmarket's Most Vibrant And Desirable Commercial Destinations. (id:39198)
Total income received prior to any expenses.
:
N/A
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
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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N/A
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