Commercial Real Estate for Sale in Winchester, Ottawa, Ontario $299800

by Madat Kara

FAST FACTS

11664 COUNTY RD 43 – Winchester - Ontario

Purchase price of $299,000 Includes Land, Building, Business, and Equipment

Licensed 9 Bedrooms Senior home approximately half hour south of Hunt-Club
4100 Square feet building
4 Bedrooms second floor apartment
Half an Acre of Land
Clean upgraded property
Over 300K in renovations
2 Basements and Crawl space
Large Garage
200Amp electrical service
Windows changed in 1999
Roof is 2 years old except for the south side which is 1999
Porch is 2 years old
All Licenses, permits and inspection up to date
Only home in the area approved for subsidy
Owners dispense pills and drugs
Main floor 9 rooms, Kitchen, Dining room, Living room washrooms and Office
Second floor direct access from inside as well as outside private entrance
Second floor has its own living room, dining room, 4 bedrooms, Balcony and washroom

FINANCIAL INFORMATION

Base of last 4 years up to February 2009, Average sales and expenses have been as follows:

Annual Revenue$126,171.25
Expenses before wages$ 44,606.75
Balance$ 81,564.45
Wages$ 37,264.25
Cash Flow$ 44,300.20

Based on above, Possibility of future owners/operators can retain up to $80,000 before wages
Believed to be true but not warranted, Must be verified for its accuracy. Information supplied by seller. Yearly breakdown available

Source: Commercial Real Estate for Sale in Winchester, Ottawa, Ontario $299800