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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,900
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
Excellent commercial investment property - Specialty automotive shop/auto repair/collision service/car or truck wash. The property is zoned commercial. This busy automotive service company has two large bays, with hoists, with a third bay originally used as a paint bay, currently used for auto service. There is a sales office, customer service area on the main floor, bookkeeping office and parts department and parts office on the second floor. There is a shipping container included for storage and back lock up area for tires. Annual sales showing good return. Prime location for auto service or autobody or mechanics shop. Centrally located with easy access to the 401. Sale includes Building, Land (0.445 ac), Equipment. (id:39198)
Location
Province
Ontario
City
Greater Napanee
Address
141 Industrial Boulevard
Postal Code
K7R3Z2
Location Highlights
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Listed by
K B Realty Inc., Brokerage 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
3,200
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
$699,900
Asking Price
$699,900
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)
3,200
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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