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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,349,000
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
N/A
Premise Summary
Attention Developers and Investors Welcome to 109-113 Inkerman St. St Thomas, this 5.45 acreparcel of land is designated for Residential use in the St. Thomas Official Plan zoned asHR7-5. The designation permits the full range of densities, subject to meeting the policies ofthe Plan. I have also attached a copy of the Residential policy section from the Official Planfor your information. The specific policies for the various densities are found in subsections5.1.3.2 (low density), 5.1.3.3 (medium density) and 5.1.3.4 (high density). (id:39198)
Location
Province
Ontario
City
St. Thomas
Address
Inkerman
Postal Code
N5P3G4
Location Highlights
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Listed by
CENTURY 21 HERITAGE GROUP 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
5
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
$3,349,000
Asking Price
$3,349,000
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)
5
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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