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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,500,000
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
85.5 acres of sandy loam soil in Norfolk. Add to your land base and build your dream home right here with the A zoning. Nice flat ground, former tobacco/ginseng farm that is currently in a cash crop rotation. Approx. 47 acres are tillable and ideal for most high value crops. Approx. 25 acres in bush, 11 acres in grassland/reforestation program (which provides annual income of approx. $1,800) and the remainder in yard space. There is a 40’ x 100’ barn with a 30’ wide shop section that is heated and has washroom facilities. Another 52’ x 20’ driveshed needs attention but is a good structure to work with. Fibre optic internet runs along the road. Do not delay, add to your land base and start those building plans today with this lovely parcel of land. (id:39198)
Location
Province
Ontario
City
Wilsonville
Address
Na Conc 3 Townsend
Postal Code
N0E1Z0
Location Highlights
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Listed by
Re/Max Twin City Realty Inc 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
$1,500,000
Asking Price
$1,500,000
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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