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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$725,000
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
Are you ready to seize the opportunity of a lifetime? We've got something incredible coming your way in the heart of Angus, Ontario! Zoned C2, this property is your canvas for endless possibilities. Whether you're an entrepreneur, developer, or investor, this is a golden ticket to turn your dreams into reality. Located on the bustling main strip, you'll have access to a vibrant community and foot traffic that could make your venture a massive success. It's not just a property; it's a gateway to prosperity! Here's a glimpse of what you could create: boutique hotel, trendy restaurant, thriving retail space, modern office complex, residential development. Don't miss out on this incredible opportunity to make your mark in Angus, Ontario. *Property can be purchased with 175 Mill street MLS# N8067332 for a total list price of $1,450,000 giving you opportunity to increase frontage to 66ft* (id:39198)
Location
Province
Ontario
City
Essa
Address
177 Mill St
Postal Code
L0M1B2
Location Highlights
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Listed by
REAL BROKER ONTARIO 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
7,545
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
$725,000
Asking Price
$725,000
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)
7,545
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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