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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$820,000
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
Extremely busy location on hwy 35. Main artery to cottage country. Huge frontage for variety store etc, garage that is currently busy repair shop. Apartment also for additional revenue. 4 sea cans included for storage or rent out for storage. Large delivery door at the rear. Buildings are in excellent conditions. Zoning allows for many businesses to thrive in this location. Entrance and exit driveway. The retail area in the front could be car dealership, motorcycle sales, chain variety store with alcohol sales. Drive through coffee shop, the building in the rear could be garden centre. The traffic going past this location is constant for 12 months a year but non stop April until November. (id:39198)
Location
Province
Ontario
City
Kawartha Lakes
Address
C - 3921 Hwy 35
Postal Code
L0M1G0
Location Highlights
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Listed by
COLDWELL BANKER - R.M.R. REAL ESTATE 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
2,400
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
$820,000
Asking Price
$820,000
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.
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)
2,400
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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