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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$389,900
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 MARCELLUS PLACE, 2 VACANT LARGE LOTS, COMPLETELY CLEARED AND GRADED ON A PAVED CUL DU SAC ROAD. ALL INFRASTRUCTURE AND UTILITIES INSTALLED. LITERALLY READY TO BUILD. MUNICIPAL WATER TO ALL LOTS, NATURAL GAS AND HYDRO. ENVIRONMENTAL HAS BEEN DONE. BUY AND BUILD. ALTERNATIVELY CAN HAVE COME BUILT WITH CUSTOM PLANS AVAILABLE UPON REQUEST. (id:39198)
Location
Province
Ontario
City
Midland
Address
Centennial
Postal Code
L4R5H9
Location Highlights
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Listed by
CENTURY 21 B.J. ROTH REALTY LTD. 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
$389,900
Asking Price
$389,900
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
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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