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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,849,999
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
2015 custom built executive bungalow with purpose built workshop (40ft x 80ft | 18ft ceilings), a lean-to-addition (16ft x 40ft), and a HVAC room (16ft x 20ft). Extensive energy efficient heating system with 18 ton silo (wood or corn/barley/wheat pellets) fuels a 260,000BTU low pressure boiler to deliver radiant in-floor heating in both the workshop and the home as well as open and forced air heating and hot water of-course. Propane fuel tank(s) are present as a back-up fuel when required. A 18Kw generator fuelled by propane ensures back-up hydro. The approx 5.05 acre site overlooks the scenic Oak Hills. Both buildings are pitched perfectly atop of a hill at the end of winding driveway, the workshop itself away from the residence but within visual distance so as to maintain a work life balance and security. The bungalow offers 5x walk-outs, 1x walk-up from the 3-car garage. There is a walk-out deck from the main level and stone paved patio from the lower. - See attached Zoning Info. **** EXTRAS **** Workshop equipped with 4x electric drive-in overhead doors (14ft x 25ft, 14ft x 20ft, 14ft x 14ft, 8ftx 8ft), commercial grade led lighting, ceiling fans, ventilation ducting for welding, 200Amp supply with own hydro meter, & smart wiring. (id:39198)
Location
Province
Ontario
City
Quinte West
Address
150 Golf Course Rd
Postal Code
K0H3E0
Location Highlights
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Listed by
ROYAL LEPAGE CONNECT REALTY 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
4,160
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
$1,849,999
Asking Price
$1,849,999
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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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)
4,160
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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