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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$598,800
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
Residential With C6 Zoning, Formerly an Operational Restaurant with Residential Apartments. 1.46 Acres Of Property. Located In The Town Of Burketon, Just 12 Minutes North Of The 407 Ext. Short Drive To Port Perry, Bowmanville And Oshawa. Paved Drive Way. There is an existing dug well and septic tank. The original foundation still exists on the premises for measuring purposes and to qualify for the Regional Development Charge credit for the new dwelling unit once a building permit is applied for. The credit expires after 5 years from the date of issuance of a demolition permit. The property is Vacant land , **EXTRAS** Existing Trailer on the property is included. Septic record is attached. (id:39198)
Location
Province
Ontario
City
Clarington
Address
Old Scugog
Postal Code
L0B1B0
Location Highlights
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Listed by
RE/MAX IMPACT 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
$598,800
Asking Price
$598,800
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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