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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,900
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
Proud to represent the sale of 32-34 Brunswick Street, Stratford real property, business, assets and chattels. Operating as Braai House & Braai Bar this spare no expense, professionally styled, designed, and outfitted restaurant and bar in the heart of downtown Stratford stands alone as Stratfords premier destination. Two floors and two concepts with proven successes and infrastructure allowing for the concepts to go in any future directions if desired, but certainly not required. Sophisticated indoor and outdoor seating options on both levels with a total capacity of 215 guests plus elegant bar seating. (id:39198)
Location
Province
Ontario
City
Stratford
Address
34 Brunswick Street
Postal Code
N5A3L8
Location Highlights
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Listed by
Sutton Group - First Choice Realty Ltd. (Stfd) 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
$2,999,900
Asking Price
$2,999,900
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)
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
N/A
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