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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,900
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
Attention investors and developers! This 2 acre vacant lot is located behind Moose Lodge #535 at 543 Trunk Road, Sault Ste. Marie in a highly desirable east end location. The current R-4 zoning offers many building options and the location makes for easy access off Trunk Road. All utilities are available in the area. See documents section of the listing for surveyor's sketch which outlines subject property. Upon completion of the survey the 2 acre lot will include a portion of part 1 of the Moose Lodge property (see surveyor's sketch). The buyer is responsible to apply for and obtain the severance of the required acreage and cover any and all survey costs, the cost of registration of the 1R Plan, and complete any required zoning application at the buyer's expense. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
543 Trunk Rd
Postal Code
P6A3T1
Location Highlights
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Listed by
Remax Sault Ste. Marie 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
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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
$399,900
Asking Price
$399,900
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)
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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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