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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,399,900
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
14,000 sq ft building tailored and extensively equipped for meat processing ideally positioned within a 2km radius of major 4-lane highways connecting every corner of Ontario. The massive facility sits on 1.2 acres and features two sizable truck-height bay doors, complemented by an array of diverse processing and warehousing rooms and offices. The front of the building hosts a retail space, complete with a compact storefront, workspace, small kitchen area, and walk-in coolers. Designed for efficiency, the structure predominantly showcases ceramic flooring, gyproc, and block walls. North Bay emerges as an ideal hub, strategically situated to tap into northern markets and capitalize on highway traffic. Noteworthy advantages include lower taxes and a lifestyle that aligns with the area's charm. This investment opportunity seamlessly combines strategic location, purpose-built infrastructure, and regional advantages for a promising venture in the thriving meat processing industry. Property is for sale and/or available to lease. (id:39198)
Location
Province
Ontario
City
North Bay
Address
699 Wallace Road
Postal Code
P1A0E6
Location Highlights
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Listed by
Century 21 B.J. Roth Realty Ltd. 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
14,388
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
$1,399,900
Asking Price
$1,399,900
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.
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)
14,388
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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