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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$160,000
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
Bancroft -- Only 10 minutes from town this lot with 2.35 acres of land and with 469 feet of road frontage is just waiting for you to build your dream home. The entire southern property line borders on Russel Creek. This lot already has many amenities in place such as drilled well, septic system install in 2018, hydro is installed and the gravel driveway is in place. There are permits for house and a garage with a loft. Lot is fairly level with lots of space to build your dream home. Lower Turriff Road is a year round municipally maintained road on a garbage collection route. **** EXTRAS **** Legal Description: PT LT 19 CON 3 DUNGANNON PT 1 21R10708 EXCEPT PT 1 21R15649; BANCROFT; COUNTY OF HASTINGS, (PIN #40085111) (id:39198)
Location
Province
Ontario
City
Bancroft
Address
634 Lower Turriff Rd
Postal Code
K0L2L0
Location Highlights
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Listed by
RE/MAX COUNTRY CLASSICS LTD. 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
$160,000
Asking Price
$160,000
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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