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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,595,000
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
Opportunity to acquire Land, Buildings, very profitable Retail/Wholesale Business & Residence in a highly visible location in the highest traffic corridor of Highway 11 in majestic Muskoka, south of Gravenhurst. A Thriving fresh fruit, vegetable, hand made food, produce and garden retail market along with a fresh berries and maple syrup wholesale operation in a 1,390 sq. ft. commercial, plus greenhouse and storage buildings situated on 1.1 acres of C3 zoned land with 200 feet of highway frontage and plenty of parking to service affluent Muskoka cottagers, visitors and the local community and wholesaling to retailers in central Ontario. The property includes a 1,830 sq. ft. 3-bedroom raised bungalow with large principal rooms, 2-bathrooms, partially finished basement, family room with walk out, decks, 2-Bunkies, storage sheds, fenced yard with play area surrounded by trees. Ideal opportunity for owner operator and family seeking a turnkey enterprise with considerable upside, a Muskoka work-lifestyle with a substantial 6 digit net income partially from na 8 months per year retail business. Gravenhurst is 'the Gateway' to all Muskoka offers; experiencing positive growth; less than 80 minutes north of the Highway 401. (id:39198)
Location
Province
Ontario
City
Gravenhurst
Address
2385 11 Highway W
Postal Code
P1P1R1
Location Highlights
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Listed by
Re/Max Professionals North, Brokerage, Gravenhurst 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
3,190
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
$1,595,000
Asking Price
$1,595,000
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)
3,190
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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