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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$98,500
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
Lovely waterfront lot backs on Westley's Creek, with direct access to the St Lawrence Seaway. The lot is mainly cleared, but also has mature maple trees and a boathouse (23 ft x 16 ft (1975)). Concrete floor, boat slip is 17' x 6'10" (Accomodates a 16 ft boat), electric boat lift, solar panels and LED lighting, two waterfront doors (7' x 8' and 5' x 5'), marine railway. Property is zoned flood plain, therefore it may not be possible to build a house. Excellent location for boating, fishing, bird watching, or just relaxing. 24 hours irrevocable on offers. (id:39198)
Location
Province
Ontario
City
Lancaster
Address
00 Lilac Street
Postal Code
K0C1N0
Location Highlights
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Listed by
DECOSTE REALTY 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
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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
$98,500
Asking Price
$98,500
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)
0
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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