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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,000
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
In Downtown Bracebridge, on the main street, a high traffic, high visibility retail or office space with 16 parking spaces in front of building. A one floor 2,300 sq. ft. store on 65 ft. by 133 ft. lot with versatile C3 zoning in the heart of town across from Memorial Park. The town of Bracebridge is the thriving business and cultural centre of majestic Muskoka and services the local community, affluent cottage owner, and volumes of visitors/tourist; situated less than 100 minutes north of Highway 401. (id:39198)
Location
Province
Ontario
City
Bracebridge
Address
139 Manitoba Street
Postal Code
P1L2B7
Location Highlights
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Listed by
Re/Max Professionals North, Brokerage, Gravenhurst 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
2,300
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
N/A
Financial Information
Yearly Rate
$849,000
Asking Price
$849,000
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)
2,300
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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