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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,850,000
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
Live and work at home with a unique business opportunity, all set on a sprawling 49.61-acre estate. This fullyoperational gravel pit with a Class B License has a unique license to mine above/below the water table. It has anauthorized 16.2 hectares (40 acres) for sand & gravel extraction. The pit is currently permitted to produce amaximum of 20,000 metric tonnes of aggregates annually, but could be expanded to an A-class license. This landpresents significant potential for further extraction and expansion! Furthermore, the property's value is enhancedby a residential living. This home offers 5 bds, 3 bths, and ample space for entertaining. Highlights includecathedral ceiling in the LV Rm, guest-loft, 3-cars garage, finished bsmt w/game room and radiant floor heating,geothermal heating, HRV and more. The exterior is adorned w/cultured stone and barnboard-like façade. Fullylandscaped, the ground features two man-made ponds and a hobby-barn. Don't miss out this amazing opportunity. (id:39198)
Location
Province
Ontario
City
Winchester
Address
13243 Thompson Road
Postal Code
K0C2K0
Location Highlights
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Listed by
KELLER WILLIAMS INTEGRITY 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
$3,850,000
Asking Price
$3,850,000
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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