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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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
Vacant lot ready for your investment opportunity! Motivated Seller!Great location in a beautiful town. Zoned for many uses including Accessory Building, Animal Hospital, Conservation Use, Detached Dwelling Unit, Garden and Nursery Supply Outlet, Golf Course including Banquet Hall, Conference Facility, Eating Establishment, Home Occupation, Kennel, Lumber Mill, Public Use, Riding Stable & Second Unit. Close to Golf, Highway Access, Hospital & Marina. (id:39198)
Location
Province
Ontario
City
Midland
Address
887 Vindin St
Postal Code
L4R4L9
Location Highlights
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Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE 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
79,739
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
$249,000
Asking Price
$249,000
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)
79,739
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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