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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,550,000
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
Welcome to Integra Tire- Oliver. A thriving mechanical repair and tire shop in the heart of South Okanagan. This successful 4560 sq.ft facility has 3 commercial truck lifts, 4 high bay doors, and 18' ceilings. This business is family run local favourite, enjoying consistent growth in a high demand and very localized sector. The offering includes a bonus 2 bedroom 1000 sq.ft owner's residence, half-acre flat land with municipal services, secure fenced yard space, a 675 sq.ft mezzanine for storage and outside storage steel cans. Welcome your clients into your bright and spacious front desk and private office area, handicap bathroom and product display areas. Full Staffroom with lockers, bathroom and shower washing facility as well. Room to expand and a strategic location, this is not just a business opportunity – it's a lifestyle investment. Explore the potential of this turnkey automotive haven today or buy simply to enjoy the huge potential appreciation of industrial land offerings in the Okanagan Valley. Asset Sale. (id:39198)
Location
Province
British Columbia
City
Oliver
Address
5873 Hemlock Street
Postal Code
V0H1T0
Location Highlights
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Listed by
RE/MAX Wine Capital Realty British Columbia 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
4,560
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
$1,550,000
Asking Price
$1,550,000
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)
4,560
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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