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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
Imagine waking up to the call of loons and the shimmer of morning sunlight dancing on Clear Lake. This 3.4-acre lot in sought-after Clear Lake Estates offers more than just 250+ feet of private shoreline it offers a lifestyle. Spend your days swimming in deep, refreshing water, exploring the lake by kayak, or hosting sunset gatherings on your dock. The gentle slope to the water makes every trip to the lake easy and enjoyable, whether you're carrying a picnic basket or launching a boat.Just 20 minutes from the vibrant and growing town of Parry Sound, you'll have access to boutique shops, restaurants, schools, and healthcare, while still enjoying complete peace and privacy. This is a rare opportunity to create your dream getaway or year-round home, surrounded by mature trees, natural granite, and the beauty of cottage country. Here, life moves at the pace of nature and every day feels like a getaway. (id:39198)
Location
Province
Ontario
City
Seguin
Address
Zhaawashkwaa Miikan
Postal Code
P2A0B2
Location Highlights
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Listed by
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
$499,000
Asking Price
$499,000
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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