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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,800,000
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
Neighbourhood Gas Station!!Excellent, Very Well Kept Location near Leamington Downtown! Formerly ESSO, No Fuel Contract! Surrounded by Residential and Commercial businesses! Car Wash located right in front of the Property for frequent and regular clients. Corner Lot with full Exposure. Large Convenience Store. Shelving, Chattels, Counter etc included in Purchase Price in 'AS IS' condition. A full Washroom. Power of Sale Property being 'SOLD AS IS' with IMMEDIATE Possession Available. Short Term Financing can be arranged for Qualified Buyers. Seller Motivated. Full co-operation for smooth closing! (id:39198)
Location
Province
Ontario
City
Leamington
Address
Oak
Postal Code
N8H2C3
Location Highlights
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Listed by
GATE REAL ESTATE 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
1,290
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
$1,800,000
Asking Price
$1,800,000
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)
1,290
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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Why this Marketplace was Created
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