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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$949,000
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
Exceptional Investment Opportunity: Land with Thriving Pizza Business Tenant! Unlock the potential for a lucrative investment with this prime piece of real estate on one of the busiest roads of london ontario. This unique offering includes a generous parcel of land along with a well-established and thriving pizza business as a tenant. Don't miss out on the chance to secure a steady income stream and capital appreciation in a high-demand location.Positioned in a high-traffic area with excellent visibility, this property is strategically located for a pizza business. Capitalize on the constant flow of hungry customers and the convenience of a well-traveled location. Explore the potential for future development or expansion based on the property's zoning regulations. With a pizza business in place, you have the flexibility to consider additional revenue streams or enhance the existing operation. In a rapidly appreciating real estate market, this property represents not only a secure income but also promising capital appreciation over time. (id:39198)
Location
Province
Ontario
City
London
Address
15 Wellington Road
Postal Code
N6C4J6
Location Highlights
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Listed by
CENTURY 21 FIRST CANADIAN CORP., 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
6,274
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
$949,000
Asking Price
$949,000
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)
6,274
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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