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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,180
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
Attention developers and investors, bring your vision to life on this prime commercial vacant lot in the heart of Leamington. Located on Talbot, in the center of town with steady traffic and high exposure. Close to restaurants, shopping and every day necessary amenities the commercial zoning gives a wide a range of available permitted structures to compliment this growing town. (id:39198)
Location
Province
Ontario
City
Leamington
Address
117 Talbot East
Postal Code
N8H1L6
Location Highlights
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Listed by
ROYAL LEPAGE BINDER REAL ESTATE - 640 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
$399,180
Asking Price
$399,180
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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