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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$589,000
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
For almost 40 years, Ron's Service Shop has been selling and servicing snow mobiles, ATV's, motorcycles, trailers, golf carts & numerous other small engine machinery from its location at 2116 Hwy 138, in Moose Creek. The shop sits on 1.12 acres of Highway Commercial zoned lands. The main shop is approximately 2,000 sq ft of retail and service area plus a 1,500 sq ft unheated warehouse & a separate 780 sq ft secondary storage building. The property is serviced by drilled well and septic system c/w a 2 piece bath. There is a 125 amp electrical service. Access to the service bays and warehouse is through a total of 4 at grade garage doors. The main building has varying ceiling heights of between 8-9 ft and the warehouse boasts some 16 ft of overall height. There is a large parts warehouse above the retail facility. The property is strategically located and highly visible on Highway 138 between Cornwall and Highway 417 near Casselman, On. Viewing is by appointment only. (id:39198)
Location
Province
Ontario
City
Moose Creek
Address
2116 Highway 138 Road
Postal Code
K0C1W0
Location Highlights
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Listed by
RE/MAX AFFILIATES MARQUIS LTD. 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
3,500
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
$589,000
Asking Price
$589,000
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)
3,500
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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