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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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 Building Lot in the VERY desirable Northbourne Park Subdivision located just 3 Km from Wiarton. Wiarton has all of your amenities from Groceries, to Shopping, to Schools, and Hospital. Everything is VERY CLOSE, but you'll enjoy all that rural living and Georgian Bay has to offer right at your fingertips! This Lot has been cleared and is ready to have your Dream Home built on it! There is currently driveway access and a culvert has been installed at the entrance. Municipal Water, Natural Gas Service, and Fire Hydrants are located at the road. There are plans and drawings for a detached home (2 bedrooms/2 bathrooms) and a 24'X30 detached garage. Engineered Septic Drawings are available from the Seller for additional costs (the Sellers' costs). This is an excellent opportunity to build and own your Dream Home on Georgian Bay! Access to the Lake is less than a minute walk off the end of the driveway. You're that close! Life on Georgian Bay is a BEAUTIFUL THING! Don't miss this OUTSTANDING, AFFORDABLE OPPORTUNITY!! (id:39198)
Location
Province
Ontario
City
Georgian Bluffs
Address
138 Wilson Drive
Postal Code
N0H2T0
Location Highlights
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Listed by
KELLER WILLIAMS LIFESTYLES REALTY, 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
$299,900
Asking Price
$299,900
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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