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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$659,900
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
Welcome to your dream home and business opportunity all in one, located in the beautiful Shuniah area! This convenience store comes with a spacious and beautifully updated 3 bedroom, 2 bathroom living quarters, perfect for comfortable living while earning a stable income. The property also boasts a 2 car detached garage, an entertainment sized deck and plenty of parking for all your guests and customers. Inside you will find a newer furnace, air conditioner and roof, as well as R60 insulation in the attic for maximum energy efficiency. Don't miss out on this unique opportunity to live comfortably and run your own business from home. Schedule a showing today and make this property yours before its gone. (id:39198)
Location
Province
Ontario
City
Thunder Bay
Address
106 Shuniah St
Postal Code
P7A2Z1
Location Highlights
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Listed by
TOWN & COUNTRY REALTY (TBAY) 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
1,800
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
$659,900
Asking Price
$659,900
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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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)
1,800
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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