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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
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
Be a part of history! This one of a kind octagon shaped building on over an acre has been completely rebuilt in 2013. With beams taken from century Olds’ Barns to add character to this unique building it has been transformed! the zoning allows for almost endless possibilities. Previously used as a café and store, this property also allows events, residential/commercial mix, art studio, the list goes on and on. Well water, a septic system and geothermal heat and air conditioning keeps your monthly bills to a minimum while offering maximum comfort. Entrepreneurs, business owners, architectural enthusiasts and dreamers – this is your chance of a lifetime to turn this unique building into something great to make business ownership your dreams come true. Don’t delay-call today! (id:39198)
Location
Province
Ontario
City
Muirkirk
Address
14226 Talbot Trail Road
Postal Code
N0L1X0
Location Highlights
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Listed by
THE REALTY FIRM PRESTIGE BROKERAGE 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
2,600
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
$649,900
Asking Price
$649,900
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)
2,600
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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