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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$135,000
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 is a fantastic lot to own out of the city limits. Who doesn't like cheap taxes? This building lot is an incredible 9.48 acre flat building lot, close to highway 69 clover for easy access to Southern Ontario and Sudbury. If you love to snowmobile or quad, the trails are close for easy access, as well there are many lakes to explore in the area. All building inquiries are to be addressed to the Sudbury East Planning Board. (id:39198)
Location
Province
Ontario
City
Greater Sudbury
Address
Part 5 Elbow Ridge Road
Postal Code
P3E4N1
Location Highlights
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Listed by
RE/MAX SUDBURY 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
$135,000
Asking Price
$135,000
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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