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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,000
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
Newly severed and created residential building lot in a popular neighbourhood just 5 minutes to the north of the Town of Parry Sound. Well treed for privacy, 0.8 HA or 1.9 acre site and slight grade up from roadside. Hydro at road. This large corner lot has a combined road frontage of 156 M or 475' with south and west exposures. HST is applicable and is in addition to the purchase price. (id:39198)
Location
Province
Ontario
City
Mcdougall
Address
15 Oakridge Road N
Postal Code
P2A2W9
Location Highlights
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Listed by
Royal Lepage Team Advantage Realty, Brokerage, Parry Sound 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
$199,000
Asking Price
$199,000
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.
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
N/A
Market Competition
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