Service Business for Sale at 7 - 191 BOOTH ROAD in North Bay Ontario - X8457430. (2024)

Asking Price

$899,000

Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

N/A

Cash Flow 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

Premises Size (square feet)

2,250

Monthly Rent/Sq.Ft.

N/A

Go to Maps

• Business for Sale: Established Northern Airport Service Business since 1974. This reputable business includes three Mercedes Benz Sprinters with custom seating for 13 passengers, connecting passengers to Toronto Pearson Airport and servicing over 20 hotels in the direct airport area. The sale also includes a custom online booking system with already advanced bookings. The existing business holds AGTA airport membership. It includes existing $10,000 in vehicle spare parts and tools. The business boasts repeat clientele, and the current owner is willing to offer transition and training to ensure a smooth handover. Additionally, the current office and body shop spaces are available for lease with a minimum term of 36 months and a maximum of 60 months, option to renew. Businesses in the same and nearby building: Ministry of Ontario Office, Actlabs North Bay, Building and Construction Companies, Engineering & Electrical Companies, Auto Mechanical Shops, School Board Union, and Industrial Related Businesses. This is a great investment opportunity, generating a good return on investment (ROI). Contact us to discuss more and explore this excellent opportunity. **** EXTRAS **** The sale of business is known as Northern Airport Shuttle Service. The property where the business is operated is available for lease (Base Net Rent $12/sqf plus TMI & HST) (id:39198)

• https://unbranded.youriguide.com/7_191_booth_rd_north_bay_on/

• MLS®:#X8457430
• Date Listed:19 Jun 2024

Financial Information

• • Asking Price:$899,000
  • Gross Revenue- annual Total income received prior to any expenses. :N/A
  • EBITDA

    Earnings Before Interest, Taxes, Depreciation, Amortization.

    :N/A
  • 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
  • Comments:N/A
  • Cap RateThe 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
  • NOINet Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.:N/A

Property Information

• Premise Status:LEASED Premises
• With Accommodation:N/A
• Lease Terms
  • Monthly Rent/Sq.Ft.:N/A
  • Terms
    • Years remaining (current term):N/A
    • Number of Renewals:N/A
  • Security Deposit:N/A
  • Comments:N/A

• Location
  • Province:Ontario
  • City: North Bay
  • Local Area: N/A
  • Address: 7 - 191 Booth Road
  • Postal Code: P1A4K3
  • Location Highlights: N/A

• Facility size (square feet):2,250

• Parking
  • Access to nearby stalls or on-street parking:Yes

• Premise Highlights:N/A

• Tenancy:N/A

• Lot Size:N/A

• Available Space:N/A

• Building Size:2,250

• Year Built:N/A

Operational Information

• Number of Employees (non owners):N/A
  • Full time:N/A
  • Part time : N/A

• Number of Working Owners:N/A

• Year Business Established:N/A

• Current Owner - years:N/A

• Business Hours:N/A

• Seasonal:N/A

• FF & E

  Furniture, Fixtures & Equipment that remain with the business.

  :Included

• Inventory Value - approximate

  Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

  :Not Included

• Franchise:N/A

Other Information

• Owner willing to Finance:No

• Other Financing Available:No

• Relocatable:No

• Home - Based:No

• Reason for Owner Selling:N/A

• Absentee Owner:No

• Support and Training:Not Included

• Growth and Expansion:N/A

• Market Competition:N/A

• Website:N/A

• Listed by : RE/MAX HALLMARK REALTY LTD. Ontario listing

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