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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$534,000
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
Beautiful Residential street in Alcona. Great for investment or to build your Dream Home! Lot is cleared of trees and filled. It Has High Speed Internet, Cable, Sewer, Gas & Hydro at the lot line. Development Charges & any applicable GST will be the responsibility of the Buyer. Minutes away from Beautiful Friday Harbour Resort via car or boat! Steps to Lake Simcoe (10th line Public Beach), parks, and schools. **** EXTRAS **** Close to all amenities. Close to oGO Station & all that Innisfil or Barrie has to offer. About 45 minute drive from Vaughan...via Hwy 400 or Hwy 11. (id:39198)
Location
Province
Ontario
City
Innisfil
Address
714 Chestnut St
Postal Code
L9S2H8
Location Highlights
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Listed by
RE/MAX EXPERTS 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
$534,000
Asking Price
$534,000
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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