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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,550,000
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
RESIDENTIAL DEVELOPMENT LAND - 13 acres WITHIN the urban boundary and in the heart of Port Colborne's future development. Located around the corner from the new Vale Health & Wellness Centre as well as right off the highway 140/highway 406. Port Colborne is a charming lake town and it is within 1.5 hours drive from Toronto and less than 30 minutes from Buffalo, NY. One of the last remaining larger parcels within the urban boundary limits. This is greenfield land and the current RD zoning is a place-holder until a formal plan of subdivision is submitted and approved. (id:39198)
Location
Province
Ontario
City
Port Colborne
Address
791 Killaly Street E
Postal Code
L3K5V3
Location Highlights
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Listed by
RE/MAX NIAGARA REALTY LTD, 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
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
$1,550,000
Asking Price
$1,550,000
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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