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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$300,000
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
6 beautiful acres to call your very own. This 6 acre rural residentially zoned property has everything one would want. Hydro at the road, a new septic, a well, a clearing already where a building once stood, and road access all on a dead end road that is serviced throughout the yr. Want more? What about having a piece of land that has nature all around you[deer, moose, grouse]and scenery that will amaze in every season. Just minutes away from a provincial park, you can enjoy the fantastic lakes and fishing that are steps away from your property. Why not make your own jam and preserves from the ample berries on the property and if you love snowmobiling , say no more, a snowmobile trail borders at the back of the land. Don't worry ever again about your kids walking to school the property is directly on a school bus route where your children can be picked up and dropped off right in front of your home. Zoned rural residential all this piece of land is waiting for is your imagination to build your new home. Now is the time to buy this wonderful 6 acre property. Offers anytime, open to negotiation. (id:39198)
Location
Province
Ontario
City
Massey
Address
142 Massicotte Road
Postal Code
P0P1P0
Location Highlights
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Listed by
MCINTYRE REAL ESTATE SERVICES 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
$300,000
Asking Price
$300,000
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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