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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,999
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
Situated on 50 acres of pristine Wellington Country countryside, this equestrian paradise built in 2017, caters to every discipline. Equipped with 32 stalls (room for 35), 20 spacious paddocks, shaving & hay storage rooms, heated office, 2 heated tack rooms, feed room, blanket room, 2 grooming stalls, 2 wash stalls, 3pc bath, & laundry. Attached rehabilitation barn with 2 stalls & wash stall. 80x160 indoor arena w/ heated viewing lounge & kitchenette. 100x200 outdoor arena, round pen. 30 acres workable with some tile drainage. Separate field access from Hwy 109. The charming board & batten ICF home w/ metal roof offers open concept kitchen & dining, walk-out to deck, living rm, two lrg bedrooms on 2nd level. Full basement w/ heated floors, roughed in plumbing & space for an additional bedroom. **** EXTRAS **** Less than 20 mins to Fergus & Elora. Barn/arena would also suit multiple uses including car enthusiasts. (id:39198)
Location
Province
Ontario
City
Wellington North
Address
7735 18th Line
Postal Code
N0G1A0
Location Highlights
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Listed by
ROYAL LEPAGE RCR REALTY Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Financial Information
Yearly Rate
$2,999,999
Asking Price
$2,999,999
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.
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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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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