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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$369,900
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
GREAT OPPORTUNITY FOR INVESTOR OR FAMILY LOOKING FOR MULTI-GENERATIONAL LIVING IN 2 2-BEDROOM UNITS. PROPERTY HAS HAD MANY UPGRADES IN THE LAST 20 YEARS, MOST RECENT INCLUDE NEW SHINGLES, GUTTERS AND CARPET IN ONE OF THE UNITS. ALL UTILITIES ARE SEPARATE FOR BOTH UNITS. THE LARGER REAR UNIT HAS A BACK DOOR WITH ACCESS TO A REAR DECK AND FULLY FENCED YARD. SEPARATE PARKING ON THE PROPERTY FOR EACH UNIT. 24HR NOTICE REQUIRED. A GREAT FIND. (id:39198)
Location
Province
Ontario
City
Chatham
Address
15/17 Thomas Street
Postal Code
N7L1V2
Location Highlights
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Listed by
ROYAL LEPAGE PEIFER REALTY Brokerage 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
0
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
$369,900
Asking Price
$369,900
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)
0
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.
