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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,899,900
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
Dream home/horse farm on 68.48 acres! This money maker brought $114,000 in income over the last year with the potential for much more! Ranch style home w/huge bonus room boasts over 6600sf plus fin. bsmt.. 3 beds on main plus office which could be a 4th, the bonus room could be divided into several bedrooms (1800sf). Primary bedroom offers, coffee bar, his/hers closets, 6 piece bath with jacuzzi type tub and dual shower heads. 3.5 baths inside the house. The great room features soaring ceilings and stone finished natural fireplace. 4 car attached garage (60’x28’) with in-floor heat. Basement is finished with a rec-room & 2nd office. Heated saltwater inground pool. A secondary dwelling is on the property with 2 beds 1 bath (1350sf approx.). Horse barn (140’x120’) has indoor arena, 14 stalls, kitchen. Workshop/man cave (54’x81’) has cement floor, bar area, 3 piece bath inside access and 2 pc bath outside access for borders/visitors. Please request a brochure for much more info! (id:39198)
Location
Province
Ontario
City
Essex
Address
9939 Concession 9
Postal Code
N0R1B0
Location Highlights
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Listed by
REMO VALENTE REAL ESTATE (1990) LIMITED - 790 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
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Financial Information
Yearly Rate
$3,899,900
Asking Price
$3,899,900
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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