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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,499,000
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
Active show quality Equestrian facility with approx. 156 acres of paddocks, show rings, cross country trails & fences & hay fields. Heated indoor arena 155' X 70'. Main barn is 192' X 90' with 14 stalls on the long aisle 12' X 10' & the short aisle 11 box stalls 10' X 11' and 12' X 12'. Also featured on the second level newer 2 bedroom apartment, heated viewing/meeting room with washroom & storage. Other outbuildings include log barn with 6 box stalls for overflow and quarantine 36' X 30', log garage 32' X 21', log storage building with overhang for equipment, newer heated workshop with overhang 30' X 30' and 30' X 10', coverall 60' X 40' presently hay and equipment storage and second coverall with 30 temporary stalls 80' X 50' and additional shelter 20' X 8'. The log home consists of 4 bedrooms, 3 bathrooms. wrap around verandah with hot tub, & newer family room with fireplace. The house & barn have their own well & septic. Recently installed hydro generator can run the entire farm. (id:39198)
Location
Province
Ontario
City
Ashton
Address
8249 Fernbank Road
Postal Code
K0A1B0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM 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
$4,499,000
Asking Price
$4,499,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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