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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
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
One acre property with buildings for sale and redevelopment in the busy community of Capreol! With all the positive news on the front for Sudbury and area mining and support businesses now is the time to buy a super going concern. Gas tanks and pumps from what was previously Tom’s Esso have been removed as well as surrounding soil. Clean soil tests performed. Property now included two auto service bays and rental income from a convenience and fast food tenant, ATM machine and on-site storage and storage units. Opportunities abound with storage units on site and room to build additional structures on the property. Current owners are willing to lease back the service bays or new owner may want to renovate and bring in new services. Large lot at 1.103 acres allows for future expansion for additional revenue streams. This is a great opportunity for those with an entrepreneurial spirit and desire. (id:39198)
Location
Province
Ontario
City
Capreol
Address
26 #84 Regional Road
Postal Code
P0M1N0
Location Highlights
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Listed by
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) 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
0
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
$899,900
Asking Price
$899,900
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.
N/A
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)
0
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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