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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,250,000
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
Prime commercial corner property in the heart of Bronte village in Oakville with great exposure and trendy stucco facade, building features all commercial tenants and fully occupied. total annual income is $150000 plus HST and utilities, there are a total of 6 tenants, 4 tenants are on the main floor and 2 tenants are on the second floor. ideal investment in this prime and in demand location. **** EXTRAS **** 10 parking spots (id:39198)
Location
Province
Ontario
City
Oakville
Address
2393 Lakeshore Rd W
Postal Code
L6L1H4
Location Highlights
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Listed by
HOMELIFE/BAYVIEW REALTY 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
4,800
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
$4,250,000
Asking Price
$4,250,000
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.
N/A
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)
4,800
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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