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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
This 0.6acre lot has approximately 240ft of road frontage in the heart of Kemptville. The pie shaped lot is Zoned C5 Business Enterprise (large range of permitted uses) and is surrounded by other commercial business, retail store fronts as well as residential properties at your back door. This property provides an excellent opportunity for developers and investors who want to build in one of the fastest growing towns in Eastern Ontario. Easy access to the 416 and 401 Highways and just a short drive to the city of Ottawa. Bring your ideas and join in on the booming business in Kemptville. (id:39198)
Location
Province
Ontario
City
Kemptville
Address
6019 Rideau River Road
Postal Code
K0G1J0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
$650,000
Asking Price
$650,000
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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