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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,088,000
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
A Great Opportunity To Buy A High Profit Restaurant With The Property. Located In The Town Of Colborne On Heavy Traffic Of Main Street In Extremely Busy Place. $$$ Top To Bottom Renovations, Kitchen Appliances Partially Replaced! This Is An Exceptional Turnkey Business With Excellent Revenue To The Owners. It Is Priced To Sell. Fully Equipped. Kitchen With Liquor License For 64 Seats. (id:39198)
Location
Province
Ontario
City
Cramahe
Address
48 King St E
Postal Code
K0K1S0
Location Highlights
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Listed by
BAY STREET INTEGRITY 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
2,300
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
$1,088,000
Asking Price
$1,088,000
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)
2,300
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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