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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$295,000
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
NEWPORT LANDING-This will be your only chance to get a vacant lot in one of Grand Bends most desirable neighborhoods. Developer does not plan to release any more lots, so act now! Phase I, II, & III -SOLD OUT!! Close enough to walk to and enjoy all the amenities Grand Bend has to offer yet far enough to get away from it all. Take advantage of working with developer and award winning builder Rice Homes or bring your own builder. Note: short term rentals are not allowed in this subdivision. Schedules B,C,D & E must be attached to all offers. (id:39198)
Location
Province
Ontario
City
Grand Bend
Address
22 Lois Court
Postal Code
N0M1T0
Location Highlights
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Listed by
SUTTON GROUP - SELECT REALTY INC., BROKERAGE 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
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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
$295,000
Asking Price
$295,000
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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