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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,000
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
Waterfront lot ready to develop for an off-grid cottage or a 4-season home on Barrie Island, that has land access to Manitoulin Island. A 30 minute drive to the full-service town of Gore Bay. The property is 3.5 acres (triangular shaped) with 150 ft. of frontage on Salmon Bay, which is part of Lake Huron's North Channel. There is year round road access. It is also a short distance away from a boat launch and day use park. Contact Scott for more info. (id:39198)
Location
Province
Ontario
City
Barrie Island
Address
46 Goose Gap Crescent
Postal Code
P0P1H0
Location Highlights
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Listed by
BOUSQUET REALTY, 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
$149,000
Asking Price
$149,000
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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