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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,900
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
Are you tired of paying rent to someone else to operate your business?? Start paying yourself by taking advantage of this great opportunity situated in the heart of the downtown, and central walking distance to many other high traffic business'. Take your pick of the two commercial spaces, while the other and the three bedroom apartment generate additional income every month. The 3 bedroom apartment offers a spacious unit, with an updated bath and plenty of living space. Both commercial units are bright and well laid out, along with having expansive storage space in the basement, this property has everything you need, being truly turnkey. The excellent curb appeal will provide a professional first impression for your business, while the illuminated sign provides great exposure at all times of day. 3 hydro meters and 1 gas meter, along with 2 parking spaces. Don't hesitate, call today! (id:39198)
Location
Province
Ontario
City
Smiths Falls
Address
1 William Street E
Postal Code
K7A1C1
Location Highlights
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Listed by
RE/MAX AFFILIATES REALTY 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
$499,900
Asking Price
$499,900
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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Why this Marketplace was Created
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