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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,549,000
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
The Braai House and Braai Bar, Building & Business are FOR SALE! Both restaurants are South African-inspired and are located in the renowned city of Stratford. Both spaces offer a diverse menu and well-designed ambiance to enhance the Braai culinary experience. The Braai House, situated on the second floor, provides a captivating setting with exquisite decor and lighting for a unique dining experience. Guests can enjoy dinner, wine, or cocktails indoors or on the spacious terrace deck. The open kitchen area showcases open-fire cooking and a wood-fired pizza oven, symbolizing the belief that fire connects people with food, family, and nature – a core philosophy of the restaurant. The inviting atmosphere aims to make guests feel at home, echoing the spirit of a South African braai. Adjacent to the Braai House, the Braai Bar offers a distinctive South African culinary experience in a trendy, relaxed environment, whether indoors or outdoors on the charming Euro-style alley patio. A visit to either the Braai House or Braai Bar promises an exceptional dining experience cherished by locals and visitors alike. Prospective new owners will inherit a beloved establishment with a strong reputation established by the current owners. For those looking to invest in one of Stratford's premium dining destinations, The Braai House & Bar is an enticing opportunity. Call today for your private viewing and information package. (id:39198)
Location
Province
Ontario
City
Stratford
Address
32-34 Brunswick Street
Postal Code
N5A3L8
Location Highlights
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Listed by
Royal LePage Hiller 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
4,183
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
$2,549,000
Asking Price
$2,549,000
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)
4,183
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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