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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,100,000
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
Here is your chance to be your own boss! This thriving location provides many opportunities to generate income including but not limited to the Country Style Franchise with drive through, Laundromat, Ice Cream Shop, climate controlled self storage, Auto Detailing shop, and car wash. Located on the main Highway through Eganville generating exceptional exposure for the business all year around. Upper level offers additional office space or for personal use. Large parking lot with plenty of parking at the side. The detached garage at the back features 3 wash bays, all heated. This property is a must see for the entrepreneur with a vision. Ice cream parlor has been wired and vented for a full kitchen if you wanted to add a takeout menu. Financials available with a signed NDA (id:39198)
Location
Province
Ontario
City
Eganville
Address
224 Bonnechere Street
Postal Code
K0J1T0
Location Highlights
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Listed by
SIGNATURE TEAM REALTY 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
6,000
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
$1,100,000
Asking Price
$1,100,000
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)
6,000
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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