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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,000,000
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
This noteworthy 14.87-acre parcel of level land is located within the development area of Mt. Pleasant and is designated for single-family residential development with water and gas at the lot line. The sale of the property is contingent upon the seller completing the necessary consent to subdivide the corner property, which currently contains two existing houses. Following approval, 2.87 acres will be poised to advance with a draft plan of subdivision, which aims to create more than eight (8) spacious single-family residential lots, each comprising 1,000 square meters and featuring a frontage of 20 meters. The remaining 12 acres are classified as Community Lands, intended for future development projects. (id:39198)
Location
Province
Ontario
City
Brant
Address
Mt Pleasant
Postal Code
N0E1K0
Location Highlights
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Listed by
Sutton Group Select Realty Inc Brokerage 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
$4,000,000
Asking Price
$4,000,000
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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