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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Excellent location zoned commercial. Great Northern Road is the hub for business and commercial buildings. Close to Sault Area Hospital. Trucking routes and hwy 17 north is right there. Great for motel, retirement home, nursing home ect. Almost 2 acres partially cleared and level. 104x788. Great area for restaurants or coffee shops. Close to industrial park. All services at the road. Ready for development. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
1256 Great Northern Rd
Postal Code
P6B0B7
Location Highlights
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Listed by
Century 21 Choice Realty Inc. 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
$599,900
Asking Price
$599,900
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.
N/A
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
N/A
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