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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,000
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
OWNER READY TO SELL. PREVIOUSLY RUN RESTAURANT NOW WAITING FOR NEW OWNERS. ALL EQUIPMENT INCLUDED WALK-IN COOLER ETC, YOU NAME IT, IT IS THERE. SET UP FOR POSSIBLE TWO BUSINESS. TWO KITCHENS AND ONE PREP KITCHEN, SEATING FOR 80 PLUS PEOPLE. THREE WASHROOMS, WHEELCHAIR ACCESSIBLE, PARKING FOR 10 CARS PLUS OPPORTUNITY FOR AN ADDITIONAL 10 MORE PLUS OVERSIZED 2 CAR GARAGE OR POTENTIAL FOR OUTDOOR DINING. (CALL TO FIND OUT DETAILS) OWNERS MAY CONSIDER A VENDOR TAKE BACK FOR 2 YEARS. GREAT LOCATION ON WELL TRAVELLED ROAD. (id:39198)
Location
Province
Ontario
City
Fort Erie
Address
1206 Dominion Road
Postal Code
L2A1H5
Location Highlights
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Listed by
RE/MAX NIAGARA REALTY LTD, 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
3,600
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
$649,000
Asking Price
$649,000
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)
3,600
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
