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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
The Lot Of Your Dreams!!! Imagine The Possibilities On This Expansive .22-Acre Canvas! With Hydro Readily Available At The Road, Easily Connect To The Existing Garage/Workshop, Making Your Construction Dreams Come To Life With Ease. Here's The Real Kicker-The Town Of Erin To Approve Building Permits, Meaning No Red Tape Or Delays From Other Governing Bodies. Your Vision Is Your Only Limit! And There's More! This Gem Comes Complete With A 75ft Drilled Well Boasting A Submersible Franklin Pump That's Only 7-8 Years Young! Location, Location, Location! Situated Just 20 Minutes From The Vibrant Hubs Of Guelph & Georgetown, 5 Mins To Rockwood & 8 Mins From The Convenience Of The Go Train Station In Acton. Commuting To The GTA Is A Breeze With The 401 A Quick 20-Minute Drive Away Putting Toronto Within 40 Mins Of Your Future Doorstep. This Is Your Chance To Create The Home Or Investment Property You've Always Dreamed Of. Don't Let This Golden Opportunity Slip Through Your Fingers! (id:39198)
Location
Province
Ontario
City
Erin
Address
4905 Eramosa Erin Tline
Postal Code
L7A2L7
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE 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
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
$499,000
Asking Price
$499,000
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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