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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$795,000
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
DON'T MISS THIS AMAZING INDUSTRIAL OPPORTUNITY OVERLOOKING EC ROW EXPRESSWAY! EXPOSURE IS FANTASTIC AND THE ALMOST 1/2 ACRE LOT IS JUST WAITING FOR THE SAVVY INVESTOR. LOCATED MINUTES TO ALL MAJOR HIGHWAYS! BUYER AND REALTOR ARE TO VERIFY ALL SERVICES AND ZONING. AS PER CITY OF WINDSOR, SEE ZONING UNDER DOCUMENTS TAB. TENANT IS CURRENTLY RENTING THE 1200 SQ FT WORKSHOP AND PAYS $1,400 PR MONTH PLUS UTILITIES, ON A MONTH TO MONTH LEASE. (id:39198)
Location
Province
Ontario
City
Windsor
Address
6010 North Service Road East
Postal Code
N8T3P3
Location Highlights
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Listed by
BOB PEDLER REAL ESTATE LIMITED 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
0
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
$795,000
Asking Price
$795,000
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)
0
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
N/A
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