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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,498,000
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
Talk about location! This well-established business is located on the corner of Bolton & Canal Street across from Lock 32 of the Trent Severn Waterway in the Hip town of Bobcaygeon that is the heart of the Kawarthas making it a prime location to run your business. A very high traffic area in a tourist hot spot. Building comes turnkey with an extensive list of chattels, fixtures and equipment allowing you to transition smoothly into your own business. This building is double wide with seating for 90 but can accommodate up to 140 customers. The flat rooftop would be a perfect place to put a rooftop patio overlooking the Locks. Has been beautifully renovated & has spared no cost with detail, even using historic timber planks from the Trent Severn to decorate the walls. A gorgeous live edge bar to invite guests. There are 6 large garage doors that open up to downtown & the Lock giving your guests an open-air patio experience & two fire places for the cozy evenings. **** EXTRAS **** Bonus Full Unfinished Basement Offering Lots Of Storage! Less Than Two Hours From The Gta. Food Inventory To Be Sold At Cost And Purchased On Closing. Also Includes Roll #165102800207900 With Pin #631290081 (id:39198)
Location
Province
Ontario
City
Kawartha Lakes
Address
36 & 38 Bolton St
Postal Code
K0M1A0
Location Highlights
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Listed by
BALL REAL ESTATE 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
3,022
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
$1,498,000
Asking Price
$1,498,000
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)
3,022
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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