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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,975,000
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
5872, 5880 & 5884 Hazeldean Road. Business not for sale. Owner is relocating. Prime Commercial land. Corner lot. Over 1 acre in total of fully serviced land. The property is paved & drained. 100 year water management table. Two on-site structures. Recently renovated sales centre with 3 offices, boardroom, kitchen, full bath and basement plus a 30'x60' garage with heat & a/c. There are two entrances, one off of Hazeldean Rd and the other off Savage Dr. Zoning is GM14 H(11) which allows for a variety of commercial & residential uses. Rapid growth area exploding with new commercial and residential development. Possible VTB. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
5872 Hazeldean Road
Postal Code
K2S1B9
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
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Building Size
2,875
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
$2,975,000
Asking Price
$2,975,000
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)
2,875
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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