Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Lot Size
N/A
Building Size
N/A
Premise Summary
While starting a new entrepreneurial endeavor is undeniably stressful but taking on an established and turnkey one with a great track record promises indisputable reward. Uncle Dave’s Pizzeria, with 29 years of success under one ownership and only 1 of 2 restaurants in the area, this healthy and longstanding commercial property and business boasts both local and seasonal clientele. Located within the Alpine Centre in Vernon and just a short walk from Kal Beach, the Rail Trail, Vernon Golf Course is just around the corner and the location offers incredible visibility and generous parking for patrons. There is eating for 12 outside on the covered patio and 36 inside, along with a bar/counter area with a full commercial kitchen. If you have been searching for your opportunity to get your foot into the restaurant business or are looking to expand your business portfolio, come take a look today. (id:39198)
Location
Province
British Columbia
City
Vernon
Address
100 Kalamalka Lake Road Unit# 4a
Postal Code
V1T9G1
Location Highlights
N/A
Listed by
RE/MAX Vernon Salt Fowler British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,324
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$599,900
Asking Price
$599,900
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.
N/A
Gross Revenue- annual
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
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,324
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
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.
