BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$70,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
This lovely half-acre lot offers the perfect blend of town convenience and nature's charm. Located just on the edge of the town of Mindemoya, the property is already partially cleared and features an installed culvert and gravel driveway — making your build that much easier. Enjoy the bonus of full municipal services including water and sewer, with easy access to hydro and high speed internet service at the lot line. Fully serviced lots like this are rare on Manitoulin — don’t miss your chance to build your dream home in a great Central Manitoulin location! (id:39198)
Location
Province
Ontario
City
Mindemoya, Manitoulin Island
Address
Highway
Postal Code
P0P1S0
Location Highlights
N/A
Listed by
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE (MINDEMOYA) Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$70,000
Asking Price
$70,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
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
Save this Listing