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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,699,900
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
1.25 Acres commercial development site on Dalton road Sutton next door to shoppers drug mart and across from LCBO Tim Hortons and major Grocery store ., this landsite plan is approved to build 2 free standing commercial buildings Both buildings consist of 10600 square feet all drawings and site plans approved, including electricals MECHANICAL CONSTRUCTIONSTRUCTURAL AND DESIGNS DRWAINGSDRAFTED AND READY FOR SUMITION. the buyer to sign site plan with the town and apply for permits and start construction .$227000.00 already paid to the town towards development charges this amount will be assigned to the new buyers. VTB available Lot's of development in the area .Listing agent is part owner .Please do not walk the property. Desc Contd: 65R3158;Pt 1 On Plan 65R1216 Pt Lt 21, Pl 440 Georgina, Pt 2 Pl 65R31583; Town Of Georgina. (id:39198)
Location
Province
Ontario
City
Georgina
Address
Dalton
Postal Code
L0E1R0
Location Highlights
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Listed by
ROYAL LEPAGE FLOWER CITY 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
1
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
$1,699,900
Asking Price
$1,699,900
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)
1
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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