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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,500,000
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
Most business owners wait their entire life for an opportunity half as incredible as this one, remember this moment, this is when your life started the journey to financial wealth. This franchise style of business comes well equipped with machines, lifts and various other tools. The clientele is regular, loyal and loved. Your investment risk has been pre mitigated for you, the included operational location includes includes Over 2 Acres of land in a perfect (High Traffic - Great Exposure) location with +/- 20,000 square feet of commercial industrial buildings and a separate Quonset measuring an additional +/- 3,645 for extra storage. The rear half of the building is currently rented to a very successful truck repair business (5 Year Lease in Place), this rental income will help you move forward fast in an incredibly low risk, all success business plan. Specific Financials' are certainly available for qualifying parties, Non Disclosure Agreement is required. Imagine a world where your business and rent income immediately launch your investment to next level returns. Take the chance or you will loose the opportunity this is a once in a lifetime business. (id:39198)
Location
Province
Ontario
City
London East
Address
Clarke
Postal Code
N5V2E1
Location Highlights
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Listed by
RE/MAX CENTRE CITY REALTY INC. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
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Building Size
23,371
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
$4,500,000
Asking Price
$4,500,000
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
23,371
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
