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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$9,000,000
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
15 acres lot with 25 additional acres available next door (subject to severance). Next to Shorelines Casino on newly expanded Bell Blvd, Belleville. Fast growing Commercial District. Highway Commercial Zoning plus special zoning for; furniture, appliance and interior decoration retail and warehouse operation; office supply and equipment sales and service; printing or copy service; retailing warehouse outlet; business, professional and/or administrative office; motor vehicle parts and accessories. (id:39198)
Location
Province
Ontario
City
Belleville
Address
32-36 Bell Blvd N
Postal Code
K8N4Z5
Location Highlights
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Listed by
RE/MAX QUINTE 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
$9,000,000
Asking Price
$9,000,000
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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