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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,580,000
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
Lot Size
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Building Size
N/A
Premise Summary
Investment Property For Sale On Busy Highway 48 Leased To A Restaurant and Woodwork shop. Property Comprises Of 3 Retail Units And One Large 4 Bedroom Apartment Above Store This Property Is Approx 3.58 Acres Of Total Land. Located Just At The North End Of Mount Albert And South Of Growing Sutton, Ontario. **** EXTRAS **** Restaurant Part Of Main Floor Approx 2800 Sq.Ft Plus 2nd Floor Apt Above.Other 2 Units : 1 Rented To A Woodwork shop Contractor, the other is vacant. Rear Unit And Unit Beside Restaurant. Zoning Allows Many Uses. (id:39198)
Location
Province
Ontario
City
East Gwillimbury
Address
20473 Highway 48
Postal Code
L0G1M0
Location Highlights
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Listed by
HOMELIFE LANDMARK REALTY INC. 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
5,200
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$1,580,000
Asking Price
$1,580,000
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.
N/A
Gross Revenue- annual
N/A
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.
N/A
Premises Size (square feet)
5,200
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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