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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,900
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
Fantastic opportunity to run your own business and live in a very nice detached home all on the same property. Presently set up as a Restaurant with stunning outdoor patio/fireplace. All the restaurant equipment is in good condition, clean & Up-To-Date. Property is well suited for other endeavors such as hair salon, office space, retail outlet, etc. Lots of parking, large yard area, 25 year old bungalow is presently set up as a duplex but would be as simple as removing 1 door and you would have a 5 bedroom, 3 bath home. (id:39198)
Location
Province
Ontario
City
Shallow Lake
Address
481 Princess Street
Postal Code
N0H2K0
Location Highlights
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Listed by
SUTTON-SOUND REALTY INC. Brokerage (Shallow Lake) 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
1,344
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
$999,900
Asking Price
$999,900
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)
1,344
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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