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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$135,000
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
5 ACRE BUILDING LOT Embrace the opportunity to own this picturesque 5-acre building lot, perfectly positioned within a tranquil cul-de-sac surrounded by mature trees. With ample space and idyllic surroundings, this property provides an ideal canvas for constructing your dream home on one of many optimal building sites. Enjoy the convenience of accessible hydro just across the road, streamlining your building process. Delight in the established walking trails throughout the property. Situated just a short 5-minute drive from McKellar and a mere 15-20 minutes from the Town of Parry Sound, you'll have effortless access to all essential amenities. HST applicable. (id:39198)
Location
Province
Ontario
City
Whitestone
Address
8 Shakell Road
Postal Code
P0G1C0
Location Highlights
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Listed by
Royal Lepage Team Advantage Realty, Brokerage, Parry Sound 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
$135,000
Asking Price
$135,000
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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