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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,800,000
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
Attention Investors & Developers. Rarely Offered 2 Acre Lot W/ Over 200 Ft Frontage On Leslie St. Surrounded By Various New Residential, Commercial And Industrial Developments In A Proven And Rapidly Growing Market. Easy Access To 404 & Aurora Go Station. Property Currently Designated As Urban Residential 2, Allowing Various Local Commercial Uses And Multi-Unit Residential Buildings Up To 6 Storey High. Property Comes With A Recently Renovated 2 Storey Dwelling W/ Walk Out Apartment Basement Unit. Vtb Could Be Discussed. (id:39198)
Location
Province
Ontario
City
Aurora
Address
15482 Leslie St
Postal Code
L4G7C4
Location Highlights
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Listed by
ROYAL LEPAGE GOLDEN RIDGE REALTY 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
87,252
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
$7,800,000
Asking Price
$7,800,000
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.
N/A
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)
87,252
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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