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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,500,000
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
ATTENTION Builders and Investors. 50+ ACRES OF CLEAR PRIME LAND IN NIAGARA!! This is a fantastic opportunity for investment with 1,327 feet of frontage. This massive parcel is located next to a golf course, close to shopping, New South Niagara Falls Hospital in development, minutes to highway, and is sited in a very desirable developing neighborhood. This property also features an updated 4 bedroom home and many out-buildings, including a barn/stable and quonset hut. Welland is the best place to buy real estate. There is a ton of development going on in Welland. Residential growth with thousands of new homes being built. Dont miss this amazing opportunity before it sold. Extras:Buyer to complete due diligence (id:39198)
Location
Province
Ontario
City
Welland
Address
970 Carl Road
Postal Code
L0S1K0
Location Highlights
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Listed by
HOMELIFE MIRACLE REALTY LTD Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
1,500
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
N/A
Financial Information
Yearly Rate
$6,500,000
Asking Price
$6,500,000
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.
N/A
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)
1,500
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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