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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$319,000
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
Fabulous opportunity to own your own retail/office property with separate apartment. Excellent location in Northbrook to promote your business including a level lot with ample parking!!! The 2000 sqft building includes 2 units - unit 1 is an excellent storefront/office location or a 1 bedroom apartment with kitchen. Unit 2 includes 3 bedrooms, 2 bathrooms, kitchen, living room, and utility room with laundry. This property parking lot has been used as the local farm stand in the summer, so plenty of visitors pass by and treat themselves to excellent fresh summer corn &veggies!! **** EXTRAS **** Tenant in residence 24 hour notice required for all showings. Preferred showing time 9am - 11am weekdays (id:39198)
Location
Province
Ontario
City
Addington Highlands
Address
12345 Highway 41 N
Postal Code
K0H2G0
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE 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
172
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
$319,000
Asking Price
$319,000
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)
172
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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