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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,050,000
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
Highway Commercial Freestanding Building In Erin For Sale. Main St Exposure ""At The Lights"". Excess Land. If Tenant Doesn't Require Building Can Be Purchased Vacant. Business Must Be Sold Before Building Sells. Trailers Not Included. **** EXTRAS **** Electronic Brochures With Photos, Details And Zoning Available Upon Request. See L/A Re Lot Lines & Building Relocation. (id:39198)
Location
Province
Ontario
City
Erin
Address
308 Main St
Postal Code
N0B1T0
Location Highlights
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Listed by
D. W. GOULD REALTY ADVISORS 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
1,120
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
$1,050,000
Asking Price
$1,050,000
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)
1,120
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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Why this Marketplace was Created
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