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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,699,900
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
Lot Size
N/A
Building Size
N/A
Premise Summary
BUSINESS-INVESTOR OPPORTUNITY / OILFIELD FOR SALE. WELCOME TO FAIRFIELD OILFIELD, ONE OF THE REMAINING HERITAGE OILFIELDS IN PRODUCTION. THIS IS A SHARE PURCHASE FOR 100% OF COMPANY OWNERSHIP. IMPROVEMENTS INCLUDE, NEW 32X64 DRIVE-SHED(2023) WITH CENTRAL AIR,KITCHEN,LAUNDRY, OFFICES AND WORKSHOP, 10 REDONE AND RESTORED OPERATIONAL WELLS PRODUCING OVER 150 BARRELS OF OIL EACH MONTH, WITH 30 WELLS IN TOTAL ON LAND, 700 SQ FT HOME, NEW WATER/OIL SEPARATOR (2023), SEE DOCUMENTS FOR MORE INFO. (id:39198)
Location
Province
Ontario
City
Bothwell
Address
Zone Rd 7
Postal Code
N0P1C0
Location Highlights
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Listed by
StreetCity Realty Inc. (Sarnia) Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
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
$1,699,900
Asking Price
$1,699,900
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
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)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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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.
