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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,350,000
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
N/A
Building Size
N/A
Premise Summary
Attention Investors And Developers. Rarely Found 2.11 Acres Of Land On Hwy 11 W. Hotel And Motel Zoning, Ideal For Any Kinds Of Hospitality Business. Steps To Fast Growing/Developing Bradford & New Few Hundred Acres Development At Bathurst & Yonge. Mins Drive To Bradford Go, 5 Mins Drive To East Gwillimbury Center. Surrounded By Local Residential Areas With Rapid Increased Population. **** EXTRAS **** Property Sold As It. More Photos Coming Up. (id:39198)
Location
Province
Ontario
City
King
Address
20590 Hwy 11
Postal Code
L3Z2A8
Location Highlights
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Listed by
SMART SOLD REALTY Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Financial Information
Yearly Rate
$6,350,000
Asking Price
$6,350,000
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)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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