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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,900
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
Rare opportunity! This 13.6 acre lot zoned highway commercial offers loads of potential. The property offers two large buildings with 8 horse stalls and lots of storage. The application for a self storage facility has already been approved and the road and gravel base for a 40x80 steel structure has been laid. Forested with a large assortment of mature trees, with a partially fenced field with approximately 4 to 5 acres cleared, a gravel access road and no rear neighbours, just 20 minutes to Kemptville, 10 minutes to the border and with fantastic highway access just off the 416.Bring your own ideas or finish the self storage project there are lots of possibilities. (id:39198)
Location
Province
Ontario
City
Spencerville
Address
2320 Brouseville Road
Postal Code
K0E1X0
Location Highlights
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Listed by
PAUL RUSHFORTH REAL ESTATE 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
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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
$399,900
Asking Price
$399,900
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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