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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,299,000
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
Discover the potential of this thriving three-bay auto garage, perfectly positioned on over an acre and a half of land. Perfectly located just off Highway 138 and a stone's throw away from Highway 401, this property offers great accessibility and visibility for your automotive business ventures. The large garage space provides ample room for servicing vehicles, conducting repairs, and managing multiple projects at the same time. With over 1.5 acres at your disposal, there's ample space for expansion, additional structures, or customized amenities to cater to your business needs (pending township approval). Benefit from the strategic location, giving you and advantage of ensuring a steady flow of potential clientele and effortless access for customers traveling from nearby areas. This property not only offers a space for business but also a serene environment to foster growth and prosperity. This opportunity is certainly worth checking out! (id:39198)
Location
Province
Ontario
City
South Stormont
Address
17419 South Branch Road
Postal Code
K6H5R6
Location Highlights
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Listed by
CENTURY 21 SHIELD REALTY LTD. 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
2,485
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
N/A
Financial Information
Yearly Rate
$1,299,000
Asking Price
$1,299,000
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)
2,485
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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