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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$680,000
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
TURN KEY AUTOMOTIVE QUICK LUBE BUSINESS! This business is located in a high traffic area ready for you to make it your own. The building has had heating/electrical systems upgraded a complete facelift to the property, everything is meticulously maintained and NEW! All tools, lifts, equipment are ready go. Currently being run with one operator so opportunity to double your business is at your finger tips, also the ability to expand business beyond just oil, lube and filter is at your figure tips. An efficient set up that is ready for you to walk in and take over. Pride of ownership is clearly evident. Owner will to stay on to train new proprietor for a brief amount of time! (id:39198)
Location
Province
Ontario
City
Pembroke
Address
421 Mary Street
Postal Code
K8A5W6
Location Highlights
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Listed by
EXIT OTTAWA VALLEY 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
1,200
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
$680,000
Asking Price
$680,000
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)
1,200
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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