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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,000
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
Excellent Bed and Breakfasts Opportunity. Be your own Boss with this beautiful country estate. This 2.5-Storey Rainer Chalet is designed for a perfect B&B with 4 Bedrooms, 3 Bathrooms, and two Living Rooms. The location is is an idyllic setting with multiple decks and spacious grounds next to Georgina Bay. Current use isa private residence but could be easily redesigned for guests and a private space for the owners. On a two acre landscaped lot with partial water views and steps from Georgian Bay the location is quite and serene.Inside, The Rustic Yet Elegant Interior Features A gourmet kitchen, cathedral ceilings With floor-to-ceilingwindows,and two gas fireplaces. The elegant kitchen is spacious with stainless steel appliances and granite counter tops. New Furnace / Ac In May 2023and Newer Roof. Enjoy outdoor activities from beach outings to skiing. Book your showing to see this paradise. Some Photos are virtually staged. Also listed on MLS 40564149, X8186954 (id:39198)
Location
Province
Ontario
City
Meaford
Address
159 Harbour Beach Drive
Postal Code
N4L1B0
Location Highlights
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Listed by
Royal LePage Locations North (Collingwood Unit B) Brokerage 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
2,670
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
$899,000
Asking Price
$899,000
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)
2,670
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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