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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
Retirement Complex available. This project is in its final phase and just about shovel ready. The Elms Retirement Village is located in Elmvale and the initial Phase consists of 13 One bedroom apts, 53 two bedroom apts, 12 Garden Homes. The complex has sufficient property for future expansion. On hand is a site plan, Phase 1, Hydrogeo Assessment, Drainage Assessment, Geotechnical Report, Building Elevations Report, Engineering Report plus more. Included in Phase 1 is a common hall, coffee shop, laundry room, great hall plus more. (id:39198)
Location
Province
Ontario
City
Springwater
Address
Queen
Postal Code
L0L1P0
Location Highlights
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Listed by
Century 21 Millennium 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
11
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)
11
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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