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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$178,800
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
Owner's Suite • Turnkey Operation • Room for Growth Hostel in Vernon, BC Nestled at the prime location in Vernon, this delightful hostel offers a blend of comfort and untapped potential. Perfect for the savvy entrepreneur, this property is ripe with opportunities for growth and expansion. DO NOT APPROACH DIRECTLY. ALL INQUIRES THROUGH BUSINESS FINDERS CANADA - NDA REQUIRED • Room Details: Boasting 12 cozy rooms which includes 3 rooms with 2 beds each, and a spacious dorm room featuring 6 bunk beds. Each room is equipped with a TV and fridge, ensuring guest comfort. 9 rooms with queen beds, 2 rooms with 2 queens, 1 room with single and a queen (id:39198)
Location
Province
British Columbia
City
Vernon
Address
3315 30 Street
Postal Code
V1T2C9
Location Highlights
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Listed by
Business Finders Canada 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
12,644
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
$178,800
Asking Price
$178,800
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)
12,644
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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