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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$59,999
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
Gorgeous 0.6 Acre property just minutes from Englehart with nice mature trees for privacy. There was an old house on the property that has been torn down. The old garage has been converted into a small storage building, plus another small shed/gazebo out back. There is a well and septic on the property but unsure of its condition. Hydro at the roadside. This could be your great private getaway! (id:39198)
Location
Province
Ontario
City
Evanturel Township
Address
245407 Highway 569
Postal Code
P0J1H0
Location Highlights
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Listed by
CENTURY 21 EVELINE R. GAUVREAU LTD., 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
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
$59,999
Asking Price
$59,999
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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