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Suite of tools & services
Benefits
Asking Price
$1,325,000
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
Welcome to 912 George Shouftas Place, Kitchener. This exceptional nearly 1.2 acre plot of land offers an unparalleled opportunity for you to create the home of your dreams. Nestled in the serene and sought-after Hidden Valley neighborhood, this property promises to be a canvas for your imagination. With this generous acreage at your disposal, the possibilities are endless. This is your chance to collaborate with your own builder and design a home that perfectly fits your lifestyle and preferences. Situated on a quiet cul de sac, this land offers the perfect escape from the hustle and bustle of the city, while still being just moments away from all the amenities Kitchener has to offer. Don't miss this chance to shape your future in a serene yet convenient location. The potential is limitless, and the decision is yours. Seize this extraordinary opportunity to transform 912 George Shouftas Place into the home you've always dreamed of. *First 6 photos are renderings* (id:39198)
Location
Province
Ontario
City
Kitchener
Address
912 George Shouftas Place
Postal Code
N2C2S7
Location Highlights
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Listed by
Corcoran Horizon 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
$1,325,000
Asking Price
$1,325,000
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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