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
$2,290,000
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
This well established Veterinary Clinic with a large clientele makes for an excellent investment opportunity. The building is in a prime location with many parking spots to accommodate the steady traffic flow. The original building was set up in mid 1980's and renovated and added on to in 2009. Brick and stone on the outside which flows through to the inner reception and waiting room. There are 6 examination rooms, 4 bathrooms, 4 offices, lunch area. Surgical and x-ray room and lots of storage. The Tenant is Canada's largest Corporate Veterinary Company with many Clinic's across the country. The zoning gives it lots of opportunity for a variety of businesses and the building could easily convert for multiple uses. The newer addition was built to accommodate a second story to bring in more revenue. (id:39198)
Location
Province
Ontario
City
Quinte West
Address
17532 Highway 2 Way
Postal Code
K8V5P7
Location Highlights
N/A
Listed by
CENTURY 21 LANTHORN REAL ESTATE LTD. 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
5,634
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
$2,290,000
Asking Price
$2,290,000
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)
5,634
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.
