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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,588,000
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
Prime High-Visibility Location with a traffic count of 30,000 vehicles per day (City of London data, October 2023). This beautifully designed and meticulously maintained Health and Wellness facility offers approximately 3,000 sq. ft. of versatile space and parking for 17 vehicles. The layout includes a spacious reception area, an open-concept treatment area, and multiple private treatment rooms, ideal for a wide range of health services. The adjoining tenant, currently providing pet services, occupies the space on a month-to-month lease and is interested in continuing if space remains available. Zoning: AC2, AC4, and AC5, which allows for a broad range of permitted uses, including but not limited to: Animal Hospitals, Clinics, Medical/Dental Offices and Laboratories, Financial Services, Professional Offices, Personal Service Establishments, Convenience Stores, Studios, Retail Stores, Restaurants, Taverns, and Brewing Establishments, Food Stores, and more. IMPORTANT: DO NOT Go Direct. Viewing only after Clinic hours by Private Appointment **** EXTRAS **** Some Chattels may be available (id:39198)
Location
Province
Ontario
City
London
Address
919 Oxford Street E
Postal Code
N5Y3J8
Location Highlights
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Listed by
OAK AND KEY REAL ESTATE BROKERAGE, INC. 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
3,000
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
$1,588,000
Asking Price
$1,588,000
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)
3,000
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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