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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$295,000
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
DO YOU WANT TO OWN YOUR OWN ISLAND? EVA LAKE OFFERS CRYSTAL CLEAR WATER WITH SANDY BEACHES AND GOOD FISHING. CLOSE TO QUETICO PROVINCIAL PARK. THIS RAW PROPERTY OFFERS AN OPPORTUNITY TO LIVE ON A PRIVATE ISLAND AND OFF THE GRID. KNOWN AS ADVENTURE ISLAND THIS PIECE OF PROPERTY IS READY FOR YOU AND YOUR FAMILY. check out the video www.youtube.com/watch?v=sr5kC4-0B48&feature=em-share_video_user (id:39198)
Location
Province
Ontario
City
Atikokan
Address
1 Adventure Island|eva Lake
Postal Code
P0T1C0
Location Highlights
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Listed by
ROYAL LEPAGE LANNON 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
$295,000
Asking Price
$295,000
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
N/A
Market Competition
N/A
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