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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,995,850
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
For Sale: Expansive 15-acre industrially zoned land, business and buildings, owner residence, heavy equipment machinery, vehicles and tools. Strategically located near Yarker—just 9 minutes from the 401 at Odessa and in proximity to Kingston, Belleville, Nappanee, and other major population centers. The Business Opportunity: Currently operating as Colebrook Automotive, this well-established automotive repair and salvage yard facility comes with M2 Industrial zoning, offering a myriad permitted uses such as manufacturing, warehousing, production, and distribution (contact listing agent for full list). Modern Facilities: Benefit from three auto bays (with room for expansion) and a comprehensive set of equipment, including a John Deere front-end loader, flatbed tow truck, modern automotive hoists, computer-controlled repair equipment, and various other machinery/tools. The massive, private, and secure yard is perfect for storing salvaged vehicles, parts, and materials. Residence: On-site, find comfortable and modern living spaces providing luxurious accommodations for owners and/or employees. Enjoy scenic views and a peaceful retreat after a day's work. Strategic Location: Accessible from major highways, the property ensures efficient transportation of vehicles and parts. Its strategic position facilitates easy access for clients and suppliers, enhancing overall business operations. Expansion Opportunities: The expansive grounds offer ample outdoor space for business expansion and other uses. (id:39198)
Location
Province
Ontario
City
Yarker
Address
2990 County Rd 6
Postal Code
K0K3N0
Location Highlights
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Listed by
Sutton Group-Masters 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
2,892
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
$1,995,850
Asking Price
$1,995,850
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)
2,892
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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