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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$875,000
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
Don't miss this newly renovated and beautifully finished office unit! This is the perfect home to run your operations from with 1,945 s.f. of office space on 2 levels and 390 s.f. of warehouse space. Bright front office, main floor kitchenette, upstairs wet bar, washroom, Grade level loading door with opener, single phase power. All renovations were done with permit and brought up to current building code, second floor is fully legal and DC's have been paid on it. The unit has a Kohler Power Systems generator on the roof for power outages. Conveniently located in central Barrie with quick access to Hwy 400. (id:39198)
Location
Province
Ontario
City
Barrie
Address
#23 -11 Patterson Rd
Postal Code
L4N7W5
Location Highlights
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Listed by
ED LOWE LIMITED 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
2,335
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
$875,000
Asking Price
$875,000
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)
2,335
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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