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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,499,900
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
Landmark Building in the Heart of Aurora Village.... Downtown Historic Aurora...... Free Standing Commercial Office Building Fronting onto Yonge Street in the Aurora Promenade Area. Home for over 40 Years to RE/MAX Aurora, A Prime Business Location on Yonge Street. A New Addition Was Added To This Beautiful Building in 1985. Perfect Opportunity to Relocate your NEW Business or Existing Professional Business with Exceptional Curb Appeal & Presence on the Yonge Street Corridor. Property Has Residential Capabilities As Per Zoning. **** EXTRAS **** 70 X 220 ft lot with 16 to 18 parking spots, 4142 sq ft above grade plus 1550 sq ft finished lower level. 22 Designated Private Offices Plus Board Room, Large Reception Area & Kitchenette. (id:39198)
Location
Province
Ontario
City
Aurora
Address
15004 Yonge St
Postal Code
L4G1M6
Location Highlights
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Listed by
RE/MAX HALLMARK YORK GROUP 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
14,757
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
$3,499,900
Asking Price
$3,499,900
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)
14,757
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
N/A
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