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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,111,111
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
+/-2,405 sf Commercial/ Industrial Bldg., including +/-515 sf Mezzanine, on +/-0.20 acre lot. Currently zoned M1-3156 Industrial and designated as Residential by Official Plan. Located in Downtown Brampton Secondary Plan. Close to Main St and Queen. Close to Go train station, high-rise development occurring around the train stations. *Legal Description Continued: PT LT 64 PL D-12 BRAMPTON; PT LT 7 CON 1 WHS CHINGUACOUSY AS IN RO1058963, EXCEPT PT 1, 43R8799 ; BRAMPTON **** EXTRAS **** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment (id:39198)
Location
Province
Ontario
City
Brampton
Address
69 David St
Postal Code
L6X1J6
Location Highlights
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Listed by
D. W. GOULD REALTY ADVISORS INC. 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
2,405
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
$3,111,111
Asking Price
$3,111,111
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)
2,405
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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