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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$325,000
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
This property has great visibility and is on a very busy road. The building is 48'x50' and sits on a corner lot in the Village on Neustadt. The property was being ran as an automotive repair shop and still could be, the area is in need of place to get their vehicles repaired. With the C-2 zoning it could be used for an assortment of uses. (id:39198)
Location
Province
Ontario
City
Neustadt
Address
343 David Winkler Parkway
Postal Code
N0G2M0
Location Highlights
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Listed by
ROYAL LEPAGE RCR REALTY Brokerage (Hanover) 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
2,100
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
$325,000
Asking Price
$325,000
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)
2,100
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
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