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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,000,000
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
Single Story Commercial Building in the Heart of the Up & Coming Junction. Many New Condo Developments In the Immediate Area. Currently Operated As A Bar But Can Easily Be Converted To Another Concept. Licensed For 40 Inside & 10 On The Front Patio, With CafeTO Space For An Additional 50. Be A Part Of This Rapidly Changing Neighbourhood in Toronto And Its Thriving Nightlife Scene. **** EXTRAS **** Transferrable Liquor License for 40 Inside & 10 Outside. Building Plans For Second Floor Addition Included! (id:39198)
Location
Province
Ontario
City
Toronto
Address
392 Pacific Avenue
Postal Code
M6P2R1
Location Highlights
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Listed by
RE/MAX ULTIMATE 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
1,187
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
$1,000,000
Asking Price
$1,000,000
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)
1,187
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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