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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$110,000
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
Have you been looking to build you dream home? Here is your chance! This above average sized lot is located on the outskirts of Cornwall while still being considered to be Cornwall. Which means you still get the benefits of having Cornwall Electric while being on the outskirts of the city. This lot would allow for a wonderful walk out that would look out to the Guindon Park. There are municipal water and sewer connections across the road. Buyer to verify. Situated right in between Long Sault and Cornwall, this lot has the ideal location! All offers to contain a 24 hour irrevocable clause. (id:39198)
Location
Province
Ontario
City
Cornwall
Address
0000 Richmond Drive
Postal Code
K0C1P0
Location Highlights
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Listed by
KELLER WILLIAMS INTEGRITY REALTY 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
0
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
$110,000
Asking Price
$110,000
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)
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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