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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
This prime property offers a generous lot size of 66 x 165, located on the main street of Hillsburgh. With C2 zoning, it boasts a wealth of possibilities for both residential and commercial ventures. Ready for transformation, this property is a canvas for your visionwhether renovate or rebuild. It offers diverse possibilities. Strategically located, this property beckons investors and developers to shape the future of Hillsburgh. Seize the chance to contribute to this charming town's growth while crafting a space that aligns with your ambitions. Act now to unlock the potential within this property! **** EXTRAS **** Experience the convenience of living on Hillsburgh's main street, while also enjoying the added advantages of having recreational facilities and shopping opportunities in close proximity. (id:39198)
Location
Province
Ontario
City
Erin
Address
24 Trafalgar Rd
Postal Code
N0B1Z0
Location Highlights
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Listed by
REAL BROKER ONTARIO LTD. 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
$499,000
Asking Price
$499,000
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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