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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$229,000
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
Georgian Bay WATER VIEWS and SUNSETS are what await you at this previously cleared building lot where you can begin building the home you have been dreaming about in a rapidly populating area of upscale, modern homes located a short commute to both Wiarton or Owen Sound and a few short miles to the famous Stone Skipping capital, Big Bay. Nestled amongst the stunning Niagara Escarpment, making the perfect backdrop, you will have million dollar views both front and back. When you visit, you will find the building process already underway with a driveway installed, complete drainage and septic plan, PLUS A complete set of professional, architectural building plans, which were specifically designed to enhance the natural surrounding beauty and breathtaking views, which are readily available for the interested Buyer to purchase. A truly amazing opportunity to own such a pristine piece of land in a picturesque and tranquil setting! Fire number has also been issued #504838. (id:39198)
Location
Province
Ontario
City
Georgian Bluffs
Address
504838 Grey Rd 1
Postal Code
N0H2T0
Location Highlights
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Listed by
SUTTON-SOUND REALTY INC. Brokerage (Wiarton) 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
$229,000
Asking Price
$229,000
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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