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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$295,000
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
The lot currently provides 4 apartments and 1 large warehouse but it possibly offers the opportunity to build and configure additional storage units on site, along with outdoor storage available. The large warehouse located on site can provide internal storage with the possibility to create more office spaces or units inside, as well as, the opportunity to possibly convert the 4 on-site apartments to more office spaces. Located adjacent to highway 17, the lot also offer possible opportunties for other development. Seller may offer partial VTB allowing a buyer the possibly purchase this property with a very low deposit. (id:39198)
Location
Province
Ontario
City
Spanish
Address
56 Highway 17 Exwy E
Postal Code
P2B1R7
Location Highlights
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Listed by
RIGHT AT HOME 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
90,000
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
$295,000
Asking Price
$295,000
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)
90,000
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
N/A
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