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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,000
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
Build the home of your dreams on LTS 184-186 Walnut Hill Road in Wainfleet! Whether you want to make this 120ft x 100ft lot your year-round home or a vacation getaway, you’ll love all that this area has to offer. Only a short stroll to the beautiful white sand shores of Lake Erie, you can enjoy the soothing sound of crashing waves, take in the stunning views, or partake in numerous recreational and water activities. Just around the corner is 905 Rentals for all of your water sports needs, Hungry Putter Mini Putt, and DJs Roadhouse! Morgan’s Point Conservation Area is only a 10-minute drive away. Located within an hour’s drive from most of the Niagara Region’s major cities and the US border, there are tons of exciting attractions to explore in the area. With this location, you can have the best of both worlds - a home base in a quiet rural setting with easy access to enjoy the benefits of city living! (id:39198)
Location
Province
Ontario
City
Wainfleet
Address
Lts 184-186 Walnut Hill Road
Postal Code
L0S1V0
Location Highlights
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Listed by
ROYAL LEPAGE NRC 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
$399,000
Asking Price
$399,000
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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