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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$439,900
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
Lakeside lot on Shore Road, across the street from the lakefront properties. Only 420 feet to Lake Huron's water's edge. Public lake access nearby. Servicing will be completed soon with full municipal services. Possession can be in 60 days or less when the plan of subdivision gets final approvals. Tree retention plan in effect and site plan approvals will be required. Take the drive to see where your dream home can be built. (id:39198)
Location
Province
Ontario
City
Southampton
Address
1 Shore Road
Postal Code
N0H2L0
Location Highlights
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Listed by
RE/MAX LAND EXCHANGE LTD Brokerage (Kincardine) 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
$439,900
Asking Price
$439,900
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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