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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,250,000
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
PRIME AGRICULTURAL LAND IN LEAMINGTON. THIS PARCEL CONSISTS OF APPROXIMATELY 50 ACRES. IDEAL LOCATION FOR GREENHOUSE DEVELOPMENT WITH ALL UTILITIES AVAILABLE NEARBY. LAND IS SITUATED WITHIN CLOSE PROXIMITY TO HIGHWAY 77, AND HIGHWAY 401. SEE ATTACHMENTS FOR A COPY OF SITE PLAN IS AVAILABLE. VENDOR FINANCING IS AVAILABLE TO A QUALIFIED BUYER. BUYER TO CONFIRM ALL SERVICES / CALL LISTING AGENT FOR MORE DETAILS. (id:39198)
Location
Province
Ontario
City
Leamington
Address
509 Mersea Rd 10
Postal Code
N8H3V6
Location Highlights
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Listed by
JUMP REALTY 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
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
N/A
Financial Information
Yearly Rate
$3,250,000
Asking Price
$3,250,000
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.
N/A
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
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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