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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$629,000
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
Central downtown location adjacent to municipal parking lot. Front building (approximately 2850 sq. ft) has main floor commercial space rented @ $1,000.00/month. Second floor contains 2 apartments - 1 bedroom rented @ $650.00/month & 2 bedroom upscale unit with gas fireplace & a great walkout rooftop sundeck rented @ $1,700.00/month plus hydro, water & sewer. Building #2 (approximately 1200 sq. ft) is occupied by the owner who is willing to rent @ $1,500.00/month with utilities included. (id:39198)
Location
Province
Ontario
City
Alexandria
Address
69 Main Street S
Postal Code
K0C1A0
Location Highlights
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Listed by
ROYAL LEPAGE PERFORMANCE REALTY 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
$629,000
Asking Price
$629,000
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)
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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