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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,000
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
Opportunity Knocks! Rare, Approximately 0.855 Acre Site In The Heart Of Bobcaygeon, Known As The Hub Of The Kawarthas! Located On A Major Road Adjacent To A Busy Plaza/Gas Station - Tons Of Visibility! Property Is Currently Zoned C2-S12 (Highway Commercial) For A Retail Sales Establishment, Service Shop, And An Automobile Tire Repair/Retail Shop. Previously A Tire Repair Shop, Building Has Been Demolished (Foundation Still In Place). Buyers To Do Their Own Due Diligence. Seller Open To A VTB! Pictured Lot lines Are Approximate, For Visual Reference Only! (id:39198)
Location
Province
Ontario
City
Kawartha Lakes
Address
232 Main St
Postal Code
K0M1A0
Location Highlights
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Listed by
EXP REALTY 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
37,254
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
$299,000
Asking Price
$299,000
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)
37,254
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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