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Benefits
Asking Price
$3,250,000
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
An unique one of a kind fully operational Distillery, Winery, Cidery & Farm Retail Store. Located in beautiful Huron County, just minutes from the desirable Village of Bayfield. Situated on 84 acres with 30 acres cleared, 27 acres of established berries & fruit trees including, Apples, Pears, Peaches, Cherries, Raspberries, Strawberries, Blueberries, Currants, Gooseberries, Haskap, Sea buckthorn, Saskatoon berries, Asparagus etc. All plants are connected to a drip line irrigation system and an 8’ wildlife fence surrounds 22 acres. There is a potential to clear more land for further production land. The properties main features are a 92’ X 52’ Farm Retail store with Patio that includes a licensed (transferable) bar/restaurant, kitchen, bakery, produce coolers/freezers. Plus a separate 56’ X 42' building designed for agri-food processing. Both buildings have in floor heating & natural gas services. The farm's water is supplied by a 205’ deep well. This diverse farming operation also offers Pick your own during the main season and attends many Farmers’ Markets for product distribution. The property includes a 4 season bungalow style home located beside a pond as well as seasonal worker trailers. The farm business has been in operation for over 20 years and has a loyal customer base. This business has a great multi-stream income started, with prominent future potentials. Don’t miss out on this well established turn key agri-food business. Please book an appointment with an agent to view the property. The business is still in operation. (id:39198)
Location
Province
Ontario
City
Bayfield
Address
77721 Orchard Line
Postal Code
N0M1G0
Location Highlights
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Listed by
INITIA REAL ESTATE (ONTARIO) LTD 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
4,784
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
$3,250,000
Asking Price
$3,250,000
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)
4,784
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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