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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$425,000
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
How often do you find a great property like this? Lots of possibilities with both a great country location and proximity to numerous Christian schools or to the Public system in Aylmer and Summers Corners. Build your dream home without the expense of constructing the shop that you have always wanted. Close to Aylmer, St Thomas, Tillsonburg and Lake Erie, and Highway 401 is an easy commute. The complete package consists of a building lot with septic and well, and a large shop (40' X 80') which includes winterized living quarters which has been used as a bunkhouse in the past. The balance of the shop is suitable for equipment storage. (id:39198)
Location
Province
Ontario
City
Mount Salem
Address
6415 Springfield Road
Postal Code
N5H2R5
Location Highlights
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Listed by
COLDWELL BANKER STAR REAL ESTATE, 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
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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
$425,000
Asking Price
$425,000
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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