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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,720,000
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
Well maintained High profile commercial property with13,447 Square feet above grade (10,795 Square feet Main floor, 2,652 Square feet Second floor) approximately 100 car paved parking lot. Property has frontage on 3 roads Modernized facility that lends itself to many possible uses. Large open areas ideal for schools, gathering & community centres and the like; huge paved parking lot. Opportunities are endless for redevelopment of this site. (id:39198)
Location
Province
Ontario
City
Tecumseh
Address
12105 Tecumseh Road East
Postal Code
N8N1M2
Location Highlights
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Listed by
RE/MAX PREFERRED REALTY LTD. - 585 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
$1,720,000
Asking Price
$1,720,000
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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