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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,950,000
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
known as the GATEWAY TO MUSKOKA. 22.000 Square Foot Retail Building fronting on preferred side of high traffic Highway 11 (North bound lane) just south of Town of Gravenhurst. Direct access from Hwy 11 or from service road (Beaver Ridge Road) at rear of property. Sedore Road overpass directly south of property. Property for sale includes #2266, #2246 & #2242 Hwy #11 for a total of 6.47 acres and 933.7 feet of highway frontage. (id:39198)
Location
Province
Ontario
City
Gravenhurst
Address
2266 Highway 11 N
Postal Code
P1P1R1
Location Highlights
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Listed by
Re/Max Professionals North, Brokerage, Bracebridge 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
22,000
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
$5,950,000
Asking Price
$5,950,000
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)
22,000
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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