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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$700,000
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
ISN'T IT TIME TO MOVE TO A RARE, LAKEFRONT COMMUNITY & ENJOY WORLD CLASS SUNSETS, LAKE BREEZES, SOUNDS OF THE SURF, STROLL THE MANY MILES OF 'BLUE COAST' SHORELINE, OR JUST ENJOY THE BOATING ACTIVITY FROM THE TOP OF THE BLUFF, DAY IN & DAY OUT? THERE ARE ONLY 30 LOTS IN THIS NEW DEVELOPMENT FEATURING OVERSIZED LOTS RANGING FROM 65-99' FRONTAGES WITH MATURE REES. EACH HOME OWNER SHALL HAVE 1/30TH OWNERSHIP IN APPROX 3 ACRES OF LAKEFRONT PARK, FEATURING A GENTLE NATURE TRAIL THROUGH UNTOUCHED WILDERNESS. THERE ARE 18 LAKE LOTS, SOME OF WHICH FRONT ONTO COMMON, MATURE, LAKEFRONT PARKLAND, WHILE OTHER LOTS HAVE THEIR LOT LINE DOWN TO THE BEACH. LOT SIZE IS APPROX 3/4 ACRE. PRICE + HST. BUILDING & CONSERVATION RESTRICTIONS APPLY. APPROX 40 MIN. DRIVE TO LONDON. (id:39198)
Location
Province
Ontario
City
Plympton wyoming
Address
7065 Blue Coast Hts
Postal Code
N0N1E0
Location Highlights
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Listed by
RE/MAX METROPOLIS 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
$700,000
Asking Price
$700,000
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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