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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$34,900
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
Large Triangular corner lot within the town of Spanish whose frontage is taken from an existing survey. Lot is across the road from Ste. Anne's Elementary school. Very Close to Services such as Municipal Water and Sewer.Lot is a short Distance from the following amenities: 1} Municipal Office and Library. 2} Medical Facility and Dental Clinic. 3} Convenience Store with Gas pumps 4} Grocery Store, 5} Several Take outlets and restaurants for food and fine dining.6}Large Municipal Marina on the North Channell- Lake Huron with laundry facilities and computer room etc. 7} Shell Gasoline Station and L.C.B./??O. 8} Many Lakes and crown land for hunting and fishing.9) many Snow mobile trails for hiking and cross country Skiing, and much MUCH MORE! Buyer to verify current taxes and Legal description. There is NO PIN number associated with this LOT but only one Roll number ( ARN}. Buyer to do his own due diligence to determine if the lot is subject to H.S.T.. A survey , dated October 5th 1960 by R.G. Holder{ O.L.S.} shows the dimensions of the Frontage for 59 Public Rd. Spanish Ontario. (id:39198)
Location
Province
Ontario
City
Spanish
Address
59 Public Road
Postal Code
P0P2A0
Location Highlights
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Listed by
GUARANTEE PERMANENT REALTY LTD., 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
$34,900
Asking Price
$34,900
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)
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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