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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$115,000
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
Great opportunity to own land and build near the heart of down town Port Hope. This property is located on a public laneway and at this moment the town is hesitant on building on the lane way. Buyer will have to go through the township and deal with the comity of adjustments in order to get approval. With new legislation encouraging more homes to be built this is a great opportunity for someone to get land at a cheap price and pursue this opportunity. **** EXTRAS **** None (id:39198)
Location
Province
Ontario
City
Port Hope
Address
1-3 Yeovil Lane
Postal Code
L1A1Z3
Location Highlights
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Listed by
ROYAL HERITAGE REALTY LTD. 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
$115,000
Asking Price
$115,000
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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