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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$190,000
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
Great Location! Attention Developers, Builders, Contractors! Easy On/Off Hwy 12, 1.5 Hrs To GTA. This .77 Acre Residential Lot In Ramara Township Is Close To Stores, Coffee Shops, Parks, Restaurants, Schools, Library & Gas Stations. Short Walk To Lake Simcoe With Public Access At The End Of The Street. Enjoy The Lifestyle That This Peaceful Rural Community Has To Offer. Close To Full Service Marinas, Golf Courses, Beautifully Maintained Walking Trails & And Much More. **** EXTRAS **** This Vacant Land Is Only 25 Minutes To Quaint Downtown Orillia, 15 Minutes To World Class Entertainment At Casino Rama Resort & Close To McRae Point Provincial Park & Mara Provincial Park Located On The Shores Of Lake Simcoe. (id:39198)
Location
Province
Ontario
City
Ramara
Address
2229 Concession 3 Rd
Postal Code
L0K1B0
Location Highlights
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Listed by
CENTURY 21 LAKESIDE COVE REALTY 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
$190,000
Asking Price
$190,000
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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