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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,600,000
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
This is your chance to own the South Okanagan's premier Sporting goods store. Backcountry Sports Inc. offers its customers unparalleled access to the latest products for archery, fly fishing, hunting, and more. Known for its excellent, knowledgeable service you will not have to worry about building a customer base. This is a Turnkey and consistently profitable opportunity, with room to expand online sales and retail area. Price does include sizeable inventory. Owner is willing to stay for a short duration and train new ownership. Full information package available for qualified inquiries. Business only; does not include building. Space is leased on attractive terms with option to renew. (id:39198)
Location
Province
British Columbia
City
Penticton
Address
1031 Eckhardt Avenue
Postal Code
V2A2C2
Location Highlights
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Listed by
Royal Lepage Parkside Rlty Sml 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
$2,600,000
Asking Price
$2,600,000
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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