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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$885,000
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
A beautifully located 4-unit building built in 2008, is situated on a quiet street in Rockland just minutes from the Golf course with quick access to Hwy 174, for an easy commute to the city, near schools, and CIHA complex. Openconcept designs with corner gas fireplaces in living rooms. Kitchens have lots of cabinets and counter space. Large bathrooms. Very large and bright windows. Spacious master bedrooms. Lots of parking. In each unit, the Tenants pay for heat, hydro, and water. (id:39198)
Location
Province
Ontario
City
Rockland
Address
424 Yves Street Unit#abcd
Postal Code
K4K0A8
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
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
$885,000
Asking Price
$885,000
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)
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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