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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Hillcrest Stables in Temiskaming Shores comprises of 20 acres with a well-maintained 18-box stall barn, a 60 x 125 riding arena with viewing rm, a 75 x 175 outdoor rink, pastures, paddocks, and a network of trails. This property sits on a mix of rolling hills, woodland, and meadows. Hillcrest was an accredited Ont. equestrian facility in the past. It is located a short distance south of New Liskeard. The seller is looking to retire. The horses that are being boarded could stay. All small barn tools and most of the equipment are included, tractor is negotiable. Also located near Lake Temiskaming. This area has a small-town atmosphere along with hunting, fishing, walking, and biking trails and all the fresh air you need. (id:39198)
Location
Province
Ontario
City
Temiskaming Shores
Address
583467 West Rd
Postal Code
P0J1K0
Location Highlights
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Listed by
ROYAL LEPAGE BEST CHOICE REALTY LTD., BROKERAGE (NEW LISKEARD) Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,051
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$699,000
Asking Price
$699,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,051
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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