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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,999
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
Location! Location! Don't Miss Out On Great Exposure For Your Business! This Property Was Previously Used As An Auto Repair And Sales Business, The Building Has 3 Roll Up Doors And Is Currently Vacant. Located On A Prime Corner Lot In Napanee. With A Steady Flow Of Heavier Traffic Via The Major Road Through Town, Running Directly Past Your Property. Many Shops, Restaurants, Financial Institutions Are Located Within Close Proximity To The Property And Is Next Door To Tim Hortons. Property is Being Sold ""As Is"" Great Opportunity To Be A Part Of A Growing Community. Great Investment Opportunity, Bring Your Vision! **** EXTRAS **** Call Utility Companies To Reconnect The Water And Sewage. (id:39198)
Location
Province
Ontario
City
Greater Napanee
Address
69 Dundas St E
Postal Code
K7R1J1
Location Highlights
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Listed by
LAND/MAX REALTY INC. 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
4,907
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
$999,999
Asking Price
$999,999
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)
4,907
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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