Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Discover a unique opportunity at the Geraldton Airport with these two expansive airplane hangars for sale. Connected via a corridor, these hangars boast ample space for aircraft storage and maintenance operations. The property features a large office space, including a kitchenette and dining room, as well as a bedroom for overnight accommodations if needed. Situated across from Hutchinson Lake, which offers a docking facility for easy towing of aircraft to the hangars, convenience is key for operations. Recon Air, a family-run business with over 33 years of experience, specializes in rebuilding damaged airframes for bush operations, fleet owners and insurance companies. Their expertise lies in Dehavilland Otters and Beavers aircraft, making them a trusted name in the industry. Additionally, Recon Air is a Transport Canada Approved Maintenance Organization (AMO 69-91) and offers specialized services such as PT6 monitoring, inspections and calibration. With a history of successful projects, including turbo conversions and refurbishments for government contracts, Recon Air is renowned for their quality and reliability. Don't miss this chance to own a piece of aviation history and continue the legacy of excellence at Recon Air Corporation. Visit www.century21superior.com for more info and pics. (id:39198)
Location
Province
Ontario
City
Geraldton
Address
Lot 6 Macodrum Drive|geraldton Airport
Postal Code
P0T1M0
Location Highlights
N/A
Listed by
CENTURY 21 SUPERIOR REALTY INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
16,992
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$1,200,000
Asking Price
$1,200,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
16,992
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
