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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$395,000
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 2.74 acre is an approved building lot waiting for your dreams to come true. This lot has the potential to be severed into three separate lots as per the survey or left just the way it is with your dream home built on it. It's 30 minutes to Chatham, 50 minutes to London, and 50 minutes to Sarnia/Port Huron This building lot has many amenities near for convenience and privacy at its finest. The property was recently severed and therefore no assessment value has been given on the subject property for property tax. (id:39198)
Location
Province
Ontario
City
Chatham kent
Address
Peter
Postal Code
N0P1C0
Location Highlights
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Listed by
Dotted Line Real Estate 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
$395,000
Asking Price
$395,000
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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