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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$275,000
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
Prime lot in a preferred neighbourhood and only steps to Georgian Bay, Memorial Park and the Georgian Trail system that links Meaford to Thornbury. This lot is flat, dry and would be the perfect place to build your next dream home. Lot dimensions are 55ft frontage X 207ft deep, all services are at the lot line. There is currently a shed on the property on a cement slab and will be staying with the property. Survey completed in October 2023. (id:39198)
Location
Province
Ontario
City
Meaford
Address
13 Pollard Drive
Postal Code
N4L1A7
Location Highlights
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Listed by
Royal LePage Locations North (Meaford), 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
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
$275,000
Asking Price
$275,000
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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