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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,499,000
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
A great 1.23 acre general commercial zoning land located in the Kleinberg-Vaughan area. Bungalow with 3 rooms and 2 bathrooms, perfect for an office. A large, deep lot measuring 197.09 feet in front and 295.75 feet in depth. simple access to Highways 427 and 50. Hold 40 tractor trailers or up to 60 dump trucks. For ease of access and departure, the property has three legal entrances. Invested $$$$ in robust and superior grading for heavy vehicle use on the lot. Environmental Assessment, Phase II, is finished. Property Provides Countless Customization Options. Don't Pass Up The Chance To Profit From This Highly Desired Area's Potential Future Growth. **** EXTRAS **** Other uses: Automotive Detailing-Car Wash-Commercial School-Commercial Storage-Heavy Equipment Sales, Rental and Service-Motor Vehicle Body Repair-Motor vehicle Repair. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
11050 Cold Creek Rd
Postal Code
L0J1C0
Location Highlights
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Listed by
HOMELIFE/MIRACLE 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
53,712
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
$5,499,000
Asking Price
$5,499,000
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)
53,712
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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