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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,250,000
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
33 Acres zoned and approved for multiple uses under M2 zoning. Fuel Depot, Manufacturing, Storage, Trucking, among others are all allowed on this site. Large storm water pond is already on the property which will speed up your development plans and get you to building quicker, while also saving you money. Site is relatively flat and level, mostly cleared, with municipal services available along the road. Easy access to the 401, centrally located between Kingston and Belleville, and Toronto and Ottawa/Montreal. Taxes to be assessed. (id:39198)
Location
Province
Ontario
City
Greater Napanee
Address
211 Kimmett Sdrd
Postal Code
K7R3L2
Location Highlights
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Listed by
KB REALTY 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
$5,250,000
Asking Price
$5,250,000
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
N/A
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