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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,750,000
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
Ideal investment property offered for sale in the northeast part of Toronto, known as Scarborough. Free standing 5000 sq. ft one storey building occupied by a major Canadian Bank offering a triple net lease, yielding $179,800 rent per year. The building has been well maintained. The lot offers sufficient parking for over 20 vehicles. This property is located at the corner of Bellamy Rd. and Ellesmere with public transportation (bus) in front of the property. (id:39198)
Location
Province
Ontario
City
Toronto
Address
Ellesmere
Postal Code
M1H2V6
Location Highlights
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Listed by
Royal LePage Heartland 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
5,000
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
$4,750,000
Asking Price
$4,750,000
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)
5,000
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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