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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
Located on the south side of Old Dexter Line with 6.4 acres and fronting on Lake Erie. One floor metal sided warehouse built on a concrete slab consisting of 4,488 square feet with a recently completed three piece washroom. Property is zoned OS1 and is classified as Hazard and is regulated by the Kettle Creek Conservation Authority. Zoning will only permit farm related uses. Zoning information and conservation map showing the location of the building available upon request (id:39198)
Location
Province
Ontario
City
Sparta
Address
3767 Old Dexter Line
Postal Code
N0L2H0
Location Highlights
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Listed by
RE/MAX CENTRE CITY REALTY INC., 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
4,488
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
$499,000
Asking Price
$499,000
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.
N/A
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)
4,488
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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