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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,500,000
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
With a lot size of one half acre, this property holds immense potential for future development in a rapid growing area. Includes a 3 bedroom bungalow. Frontage on an arterial street with convenient access to major highways, shopping and parks. More properties nearby are being proposed for development, with the City moving towards more density. Don't miss the chance to be part of the exciting transformation taking place in this sought-after neighbourhood! Please contact the listing agent for any enquiries and showings. The house is tenanted, viewings require 24 hour notice. (id:39198)
Location
Province
Ontario
City
London
Address
620 Commissioners Road W
Postal Code
N6K1B8
Location Highlights
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Listed by
ANCHOR REALTY, BROKERAGE 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
$1,500,000
Asking Price
$1,500,000
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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