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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,950,000
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
OCEAN FRONT CONDO DEVELOPMENT PROPERTY! Register your clients for interest to receive information packages as final preparations for submission of building permit nears. This is the most exciting development site with daily, monthly, full time occupancy all approved and will become the most sought after properties on the West Coast of Vancouver Island. 2 Incredible Penthouses create an opportunity to have the most stunning views, huge patio, ne plus ultra finishings and all within 3 minutes walk to downtown Tofino -- Best of All Worlds! (id:39198)
Location
Province
British Columbia
City
Tofino
Address
200 Campbell St
Postal Code
V0R2Z0
Location Highlights
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Listed by
Royal LePage Parksville-Qualicum Beach Realty (QU) British Columbia 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
0
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
$4,950,000
Asking Price
$4,950,000
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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