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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$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
C2 Zoned lot with Highway 26 exposure on the West edge of Meaford. The North side of Highway 26 has 249 residential units draft plan approved and under construction. Directly to the West is Meaford Haven Development of 15.44ha in process. Immediately adjacent to the East is the Don Bumstead & Family Medical Health Clinic. The entrance from Highway 26 comes directly into this lot and is subject to a right of way to both adjacent lots. The 25' easement at the rear of the property services both this lot and the lot adjacent to the West for municipal sewers and storm water. The Municipal water is located within the 10.10' easement at the front of the property. Excellent location for retail, food, grocery etc. (id:39198)
Location
Province
Ontario
City
Meaford
Address
206104 26 Highway
Postal Code
N4L1L9
Location Highlights
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Listed by
ARA Real Estate Brokerage Ltd. 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
$850,000
Asking Price
$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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