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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$472,300
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
Approximately 4500 feet waterfront on the Spanish River just 10km from the mouth of the river and the renowned yachting waters of the North Channel of Lake Huron - yachts are seen on the river which is also well known for outstanding fishing. The north boundary of the property is Black Creek. Year round road frontage, just a short drive from the Trans Canada Highway at Walford, and an easy drive to the town of Espanola for your full shopping, medical services, etc. requirements, and other amenities. Nearly 40 acres including some tillable land (currently seeded with oats), this potential hobby farm has loads of possibilities!! HST is payable in addition to the purchase price. (id:39198)
Location
Province
Ontario
City
Walford
Address
0000 River Road
Postal Code
P0P2E0
Location Highlights
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Listed by
JOHN E. SMITH REALTY SUDBURY LIMITED, 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
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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
$472,300
Asking Price
$472,300
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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