Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (2024)

Province

Ontario

City

Sault Ste. Marie

Address

475 Airport Rd # Parcel 4

Postal Code

P6A5K6

Location Highlights

N/A

Listed by

Century 21 Choice Realty Inc. Ontario listing

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Number of Working Owners

N/A

Current Owner - years

N/A

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

Yearly Rate

$2,900,000

Asking Price

$2,900,000

Cap RateThe 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

NOINet Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual1 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)

N/A

EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A