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Hospitality Property For Sale at 199 BRANT Avenue in Brantford, Ontario

4 Sale ID #201590
Updated 02 May 2024

Asking Price

$999,000

Cap Rate help 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

Lot Size

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Building Size

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Premise Summary

Here’s your chance to own a beautiful historic building located on one of the busiest roads in Brantford. Blending a perfect combination of old school charm and modern day amenities, this 2 storey building offers 13 parking spaces, an enclosed patio space, beautiful gas fireplace, full commercial kitchen including ventilation hood,2 electrical panels, 3 bathrooms and ample space on both levels. C4 zoning permits numerous uses with building currently operating as a restaurant. Buyer is responsible to do their due diligence on zoning and any permits that would be required. (id:39198)

  • MLS® : #40536116
  • Date Listed : 02 Feb 2024

Location

Province

Ontario

City

Brantford

Address

199 Brant Avenue

Postal Code

N3T3J1

Location Highlights

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Listed by

Real Broker Ontario Ltd. Ontario listing

Category

hospitality-properties

Property Information

Premise Status

N/A

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

2,728

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$999,000

Asking Price

$999,000

Cap Rate help 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

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,728

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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