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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,499,000
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
Established in 1956, Buckingham Meat Market is a community landmark. Family-owned for generations with a long history of loyal clientele. Building, Business, and Goodwill in 1 package!! The building houses the business on the main and lower levels plus there is a +/- 1700 sq foot apartment upstairs to live in or rent out for added income. Environmental reports were completed in February 2024. Owners will provide training to the new buyer to ensure a smooth transition. **** EXTRAS **** Email [email protected] for a brochure (id:39198)
Location
Province
Ontario
City
Oshawa
Address
28 Buckingham Ave
Postal Code
L1G2K3
Location Highlights
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Listed by
ROYAL LEPAGE FRANK REAL ESTATE 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
3,100
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
N/A
Financial Information
Yearly Rate
$1,499,000
Asking Price
$1,499,000
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.
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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)
3,100
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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