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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$724,900
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
Great opportunity just on outskirts of Wallaceburg on a high traffic road offering a 12,600 sq ft multi use M1 zoned facility on 1.3 acres of land with possibility of adding an additional 1 acre abutting property. This former pallet manufacturing & welding fabrication facility has concrete floors throughout, 12 and 14 ft overhead doors, phased hydro for any requirement. Large parking lot See listing agent for full zoning info and property layouts Listing agent must be present for all showings (id:39198)
Location
Province
Ontario
City
Wallaceburg
Address
29459 Kimball Road
Postal Code
N8A4R4
Location Highlights
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Listed by
MANOR WINDSOR REALTY LTD. - 455 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
12,600
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
$724,900
Asking Price
$724,900
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)
12,600
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
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