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Marc, Sells Business opportunity
Canada, Quebec, Montréal
Price: cad 3,700,000 Available from: 08.25.2009
Chateauguay Strip Mall for sale Prime location!
 
Contact info is available to only registered users
 
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About Business for sale
Headline:  Chateauguay Strip Mall for sale Prime location!
Location:  Canada,  Quebec,  Montréal
Price:  3,700,000 CAD, Price negotiating is possible
Available from:  08.25.2009
Business Category:  Business opportunity
Is the Real Estate included?:  YES
Gross Revenue:  461 049 CAD
Annual Profit:  332 838 CAD
Full-time employees:  1 Employees

My preferences (About the buyer)
is not filled

Business description:  By end December/09 there will be a min. of 3 more tenants bringing in approx. $2000.00/mth or $24,000.00 more per year, for a total Revenue of $485,049.60 annually and a net revenue of approx. $356,838.93 annually.

There are presently major renovations taking place :
a) New Roof,
b) New paving of Parking lot,
c) Interior renovations bringing the Building up to 1995 Canada Construction codes.

Revenues :-
-From Rents $391,384.32
-Recovery of Non-Residential taxes $45,297.00
TotalRevenues $461,049.60*.


Expenses :-
-Taxes $64,710.67
-Insurance 6,500.00
-Electricity 20,000.00
-Snow Removal 3,000.00
-Concierge 12,000.00
-Administration 12,000.00
-Misc. Exp. 10,000.00
TotalExpenses:- ($128,210.67)

Net Profit Before Taxes $332,838.93

About the seller
Name: Marc
Surname: Melkonian
Contact info is available to only registered users
 
 
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