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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,999
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
KINMOUNT FISH & CHIPS - World Famous Kinmount Fish and Chips - This is your opportunity to own this highly popular and profitable business in downtown Kinmount village. This seasonal business has successfully operated for many, many years and its reputation for great food is well known far and wide. Longtime owners retiring. This is your chance to own a thriving business that operates from May to September and can provide a generous income. (id:39198)
Location
Province
Ontario
City
Kinmount
Address
4080 County Road 121
Postal Code
K0M2A0
Location Highlights
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Listed by
Re/Max Professionals North, Brokerage, Minden 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
400
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
$199,999
Asking Price
$199,999
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)
400
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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