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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,099,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
GREAT COMMERCIAL BUILDING LOCATED IN MINS WALKING DISTANCE TO THE BUSIEST STREET CLIFTON HILL, GREAT EXPOSURE AND EXTREMELY HIGH TRAFFIC VOLUME, VERY CLOSE TO THE FALLS ATTRACTIONS. STABLE CUSTOMERS FLOW. GREAT OPPORTUNITY TO INVEST. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
5024 Centre Street
Postal Code
L2G3N7
Location Highlights
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Listed by
RE/MAX GARDEN CITY EXPLORE REALTY 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
N/A
Building Size
600
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$1,099,000
Asking Price
$1,099,000
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
600
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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