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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,900,000
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
PONY MINI MART 321 St Paul Street. Prime location in downtown. INVESTORS DONT MISS OUT THIS OPPOURTUNITY!!! CORNER LOT!! Extremely Visible Location !!COMM/Res Property in Downtown St Catharine's with successfully running Convenience store. Plus full Opportunity to start/add/change your own business with this prime location. Currently running as Convenience store with a beautiful Church in the back area which is very much popular and connected with the present Owner. She has been servicing the community for more than 15 years. Property has 8 apartments upstairs which are all currently rented at $ 8600 per month. Tenants are all nice and no issues with them. Get this golden Opportunity before its gone. (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
321 St. Paul St
Postal Code
L2R3N1
Location Highlights
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Listed by
HOMELIFE SUPERSTARS REAL ESTATE LIMITED 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
4,500
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
$2,900,000
Asking Price
$2,900,000
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)
4,500
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
N/A
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