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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,999
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
2 ACRES OF LAND WITH BUILDING, (APPROX 87,000 SQF.) ON HALDIBROOK RD. COMMERCIAL ZONING WITH MANY USES. FAIRLY FLAT PARCEL WITH EXCELLENT EXPOSURE ON HIGHWAY 56. THE LOT IS GOOD FOR PARKING LOT/STORAGE FOR MACHINERY. EXCELLENT LOT FOR DEALERSHIP/TRUCK PARKING/MACHINERY. ZONING E1 & A1. THE WHOLE PROPERTY IS FENCED, GRAVEL FOR YOUR TRUCKS/TRAILERS/CARS TO BE PARKED.. THE BUILDING HAS BEEN REDONE COMPLETELY AND $100s OF THOUSANDS SPENT ON BUILDING AND LAND, FULLY DONE LAND & BUILDING. LOTS OF POTENTIAL FOR BUSINESSES AND 1 RESIDENTIAL DWELLING AS WELL 1 DRIVE-IN DOOR @ 13X9FT , 1 DRIVE-IN DOOR @ 12X9FT , 1 DRIVE-IN DOOR @ 8X9FT **** EXTRAS **** THE LAND WITH APPROX 2700 SQ.FT OF BUILDING ON MAIN FLOOR AND APPROX 1600 SQ.FT OF MEZZANINE, YOU CAN MAKE YOU OFFICES, WORKSHOP & MANY MORE USES. YOUR BUSINESS YOUR WAY. TURN KEY PROPERTY, BEAUTIFULLY FENCED WITH GRAVEL ON THE GROUND. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
2060 Haldibrook Rd
Postal Code
L0R1C0
Location Highlights
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Listed by
RE/MAX PREMIER INC. 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
87,000
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
$1,999,999
Asking Price
$1,999,999
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)
87,000
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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