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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$215,000
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
Lake Life Awaits! Enjoy lake life with the privacy of 37 acres of property on Rainy Lake just minutes from Fort Frances. Property access is from Little Bear Lane as well as rights for access from Hwy 11. A partial driveway has been developed and an area cleared with lake frontage for building a future home or cabin. Hydro service is near by. Build the home of your dreams or use the property for your own recreational activities. Adventures lie ahead! (id:39198)
Location
Province
Ontario
City
Fort Frances
Address
1592-c Little Bear Lane
Postal Code
P9A3M3
Location Highlights
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Listed by
ROYAL LEPAGE LANDRY'S FOR REAL ESTATE KENORA 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
$215,000
Asking Price
$215,000
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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