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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,348,000
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
Steady Income Commercial Property For Sale, It is located in the Bradford Downtown Core, Rare Find, Excellent Traffic Flows, Main Floor $3732/M + Hst,( Commercial Rent escalate every year by 4%) and Pays Own Utilities, Apartment 1-2Bedroom $1850/M, Apartment 2-2 Bedroom $1590/M(All inclusive, 2 Apartments Fully Renovated in 2017 with Separate Entrance, 2 Apartments are 1000 Sq.Ft. Each With 2 Bedroom, 1-3pc Washroom, Kitchen and Living Room, Commercial Tenant is AAA Tenant. **** EXTRAS **** Net income Approximately $72,000 Per Year. Cap rate-5.35% (id:39198)
Location
Province
Ontario
City
Bradford West Gwillimbury
Address
17 Barrie St
Postal Code
L3Z2A9
Location Highlights
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Listed by
ROYAL LEPAGE NEW CONCEPT 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
4,500
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
$1,348,000
Asking Price
$1,348,000
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)
4,500
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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