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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$485,000
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
Approx 1.5 acres of M2 zoned property in the prime Industrial Park area of Sault Ste. Marie. Level, cleared land and ready to develop. Approx 100 foot frontage and approx 680 feet deep, this property is one of the last lots left with this zoning to develop in this location. Close proximity to the Sault’s main core, Great Northern Rd and Hwy 17. Call today for package with full details and zoning uses. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
Industrial Park
Postal Code
P6B5P3
Location Highlights
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Listed by
Exit Realty True North 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
$485,000
Asking Price
$485,000
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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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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