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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,399,000
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
Great Business Opportunity in Prime Location. Large Lot!! Currently Automotive Repair Shop with just over 5000 sq ft of space. 6 Drive in Bay Garage with 14 ft Doors (2803 sq ft), Main Floor Office, Reception and Storage (1535 sq ft), 2nd Floor Storage Area (670 sq ft), 18 ft Ceilings, Plenty of Parking Front and Rear. This location lends itself to many potential uses. (id:39198)
Location
Province
Ontario
City
Owen Sound
Address
760 10th St W
Postal Code
N4K3S1
Location Highlights
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Listed by
IPRO 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
5,008
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
$1,399,000
Asking Price
$1,399,000
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)
5,008
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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